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What does Andrew Pettigrew identify to be the key issue that plagued Imperial Chemical Industries that stymied the organizational adaptation that was necessary to keep it successful in the 1970s?
Steel
An alloy of iron and carbon (and possibly other elements) that is hard, strong, and used as a structural and fabrication material.
Lumber
Wood that has been processed into beams and planks, a stage in the process of wood production.
Period Costs
Expenses that are not directly tied to the production of goods, such as selling, general, and administrative costs, and are expensed in the period they are incurred.
Factory Rent
The cost incurred by a business for leasing a manufacturing facility or space where production activities are carried out.
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