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MrSmith,CEO of an Auto Dealership,has Been Working on the Two

question 2

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Mr.Smith,CEO of an auto dealership,has been working on the two planning steps of the planning/control cycle with his managers.To do this,Mr.Smith and his managers need to make their plan and then carry out the plan.


Definitions:

Negative Effects

Unintended, harmful outcomes or impacts that result from an action, process, or policy.

Passion

A strong emotion or enthusiasm towards an activity, concept, or object.

Entrepreneurial Self-efficacy

An individual's belief in their own ability to successfully launch and manage entrepreneurial ventures.

Risks

The potential for losing something of value, encompassing a range of outcomes from negative impacts to missed opportunities in decision-making.

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