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It Is Not Always Easy to Distinguish Between the Types

question 145

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It is not always easy to distinguish between the types of employee problems,but a manager should always start with coaching and counseling first before taking disciplinary action.


Definitions:

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often characterized by global economic, cultural, and technological exchange.

Wealth Creation

The process of generating more assets and money through various means such as investment, entrepreneurship, and economic growth, contributing to increased economic value.

Dependency Theory

A theory suggesting that global inequality is due to the exploitation of peripheral and semi-peripheral countries by core countries.

Modernization Theory

A theory in sociology that suggests societies progress linearly from traditional to modern states through processes of industrialization and democratization.

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