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Which of the following do managers NOT typically use to formulate strategies?
Knowledge
Information, understanding, or skill obtained through experience or education.
Marketing Decisions
Choices made by businesses related to the promotion, pricing, distribution, and development of products or services to fulfill customer needs and achieve company objectives.
Ethical Relationships
Relations governed by moral principles, ensuring fairness, honesty, and respect among all parties involved.
Legal Relationships
Legal relationships refer to the formally defined connections between parties as governed by the laws and regulations of a particular jurisdiction, often pertaining to obligations, rights, and contracts.
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