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The Less Attractive the Industry Structure, the Harder It Will

question 134

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The less attractive the industry structure, the harder it will be to make good strategic choices.


Definitions:

Consequential Damages

Indirect losses that arise not directly from a breach of contract but as a foreseeable result of the breach.

Compensatory Damages

Monetary compensation awarded to a plaintiff to offset losses or injuries that have occurred due to another's wrongdoing.

Punitive Damages

Monetary compensation awarded in a lawsuit over and above actual damages, intended to punish the defendant for egregious conduct.

Restitution

The act of compensating for loss, damage, or injury caused; often involves the return of property to its rightful owner.

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