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The three stages of organizational socialization, in order, are:
Interest Rates
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.
Interest-Sensitive Goods
These are goods whose demand fluctuates in response to changes in interest rates, often because they involve large financial investments or credit to purchase.
Financial Crisis
A situation where financial assets suddenly lose a significant part of their nominal value, often leading to bankruptcies and economic downturns.
Regulatory Changes
Modifications or updates in laws and regulations that affect how businesses operate and compete.
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