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To reduce conflicts in channels, a firm should:
Formal Prediction
The process of making forecasts or predictions based on systematic, often quantitative, analysis rather than intuition or informal judgment.
Hypothesis
A suggested hypothesis developed from minimal evidence to initiate further exploration.
Testable Hypotheses
Hypotheses that can be empirically tested through experimentation or observation, allowing for the confirmation or refutation of the proposed predictions.
Constructs
Abstract concepts or mental representations used to understand and interpret the world.
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