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Define the Pygmalion Effect

question 101

Essay

Define the Pygmalion effect.Explain how could it be used in a positive way by managers.


Definitions:

Mexican Peso

The official currency of Mexico, symbolized as $ or MXN.

Direct Investment

In international business, building facilities in another country.

Significant Facilities

Important physical buildings, plants, or other structures owned or used by a business to carry out its operations.

Swiss Franc

The official currency of Switzerland and Liechtenstein, known for its stability and often considered a "safe-haven" currency.

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