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Why Might a Firm Not Be Able to React Quickly

question 11

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Why might a firm not be able to react quickly to competitors' pricing moves?


Definitions:

High In Commitment

Being high in commitment indicates a strong dedication and loyalty towards an organization, cause, or set of goals, often leading to higher productivity and morale.

Developmental Continuum

A concept representing the progressive stages of development or advancement in skills, knowledge, or organizational growth.

Leadership Behavior

The actions, attitudes, and decisions made by a leader that influence the direction and performance of a group or organization.

Supportive Leader Behaviors

Leadership actions that prioritize the welfare, development, and involvement of team members.

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