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Each of the Following Apply to EC in Developing Economies

question 39

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Each of the following apply to EC in developing economies except


Definitions:

Weak Management

Ineffective leadership and decision-making in an organization that can lead to reduced productivity and morale.

Substitute Products

Goods or services that can be used in place of each other, offering a choice to consumers and affecting demand and pricing in competitive markets.

Intense Rivalry

A competitive situation where entities aggressively compete for market share, recognition, or success in a given field.

Bargaining Power

The relative capacity of parties in a situation to exert influence over each other, especially in negotiations to dictate terms and conditions.

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