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With regard to coercive power,available evidence suggests that:
Efficiencies
The ratio of the output produced to the input resources used in the production process, aiming to minimize resources while maximizing output.
Local Markets
Marketplaces within a specific geographical area where goods and services are sold and bought, with particular focus on the needs and preferences of the local community.
Differentiation Strategy
A business approach that involves offering unique products or services to stand out from competitors.
Strategic Objective
A specific goal that an organization aims to achieve as part of its broader strategy to fulfill its mission and vision.
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