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Instead of Creating Detailed Strategic Plans, the Leaders of Market-Based

question 86

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Instead of creating detailed strategic plans, the leaders of market-based companies (companies that respond quickly to environmental changes) set flexible directions so as to allow for change and seize opportunities when they come.


Definitions:

Libido

Libido, in psychoanalytic theory, is the energy derived from sexual instincts and desires that drive individual behavior and psychological processes.

Value

The degree of importance or worth attributed to something, which guides people’s choices and behavior, reflecting personal or societal standards.

Personal Unconscious

A term from Jungian psychology, referring to all information that is present within an individual's mind, but not readily accessible to conscious recall.

Mental Instability

Refers to a state of psychological imbalance or disorder that affects an individual's thoughts and behaviors.

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