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Due to Certain Strict Environmental and Employment Standards in Its

question 78

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Due to certain strict environmental and employment standards in its home nation,Taurus Inc.has shifted its operations to developing nations.Hence,the firm has now been able to gain competitive advantage by avoiding costly pollution controls.This strategic move of Taurus Inc.will be considered as:


Definitions:

Implementing Change

The process of applying adjustments and modifications to processes, policies, or strategies within an organization to achieve specific goals.

Multi-Stage Model

A conceptual framework that describes a process or phenomenon as occurring in distinct phases or stages over time.

Reaction

The process of responding to internal or external stimuli, which can involve physical, emotional, or intellectual responses.

Denial

A psychological defense mechanism where a person refuses to accept reality or facts, hence avoiding dealing with painful feelings.

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