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In Recent Years, Time-Based Competition Has Become Less Important in International

question 4

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In recent years, time-based competition has become less important in international business.


Definitions:

Pragmatic Relationships

Connections between individuals that are based on practical or utilitarian considerations, rather than emotional or intrinsic values.

Sternberg's Triangular Theory

A psychological model that describes love in terms of three components: intimacy, passion, and commitment.

Companionate Love

A form of love characterized by deep affection, commitment, and intimacy, often found in long-standing relationships.

Intimacy

The close, familiar, and usually affectionate or loving personal relationship with another person or group.

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