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Describe in detail the methods used in the diagnosis phase of organizational development.
Price Floor
A government- or authority-imposed minimum price that can be charged for a product or service, often above the equilibrium price.
Network Externality
A situation where the value of a product or service increases as more people use it.
Intrinsic Value
The inherent or fundamental worth of something, not influenced by external factors or market conditions.
Extrinsic Value
The portion of an item's worth that is not inherent to the item itself but is attributed by external factors or circumstances.
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