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Mintzberg's problem with previous attempts to define the manager's job is that they:
Financial Theorists
Scholars and experts who study and develop theories concerning how money is managed, including investments, capital markets, and financial institutions.
Opportunity Costs
The denial of gaining from various other opportunities when a single choice is made.
Economists
Professionals who study the production, distribution, and consumption of goods and services.
Unrealistic Assumptions
Hypothetical conditions in models or theories that do not necessarily reflect real-life complexities, used to simplify analysis.
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