Examlex
Decisions are often based on incomplete information in an uncertain environment.
Alliance
A formal agreement or partnership between individuals, organizations, or countries to achieve mutual goals.
Organizational Entity
Refers to any specific social unit in the context of a larger social system, including businesses, governments, and non-profits, that has a structured purpose and function.
Vertical Integration
A strategy where a company expands its operations into different stages of production or distribution within the same industry.
Increase Risk
Enhancing the likelihood of encountering negative outcomes or danger in a given situation.
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