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Based on the model in the text, discuss the relationship between external environmental characteristics and uncertainty.
Strategic Focus
The prioritization and alignment of resources and actions with long-term goals to achieve competitive advantage and meet organizational objectives.
Financial Savings
Refers to the amount of money that an individual or organization retains after all expenses have been subtracted from their income.
Negotiating the Contract
This process involves the discussion and settlement of the terms and conditions of a contract between two or more parties before finalizing it.
Managing Outsourcing
The practice of overseeing and directing work or services to external vendors to achieve desired outcomes efficiently.
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