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The risk for firms that follow the unrelated diversification strategy in developed economies is that:
Japanese Management
A management style and philosophy rooted in Japanese culture, emphasizing consensus-building, lifetime employment, and a strong sense of community in the workplace.
Group Decisions
The process by which multiple individuals come together to make a decision, combining their ideas, preferences, and expertise.
National Culture
The set of shared customs, traditions, behaviors, and beliefs characteristic of a particular country or nation.
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