Explain GATS

question 48

Essay

Explain GATS.

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Definitions:

External Environment

The aggregate of all conditions, entities, events, and factors surrounding and influencing an organization, outside its immediate boundaries.

Design Competitions

Contests or challenges where individuals or teams compete to create the most effective or innovative design solutions within set parameters.

Potential Innovators

are individuals or entities that have the capacity to generate new ideas, products, or methods, often leading to significant advancements in their field.

Bootlegging Funds

The unauthorized allocation of resources or funds for projects or activities not formally sanctioned by organizations; often done covertly to pursue innovative ideas.