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Four Basic Business and Management Practices Are What Matter-"What Really

question 143

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Four basic business and management practices are what matter-"what really works," to use the phrase of the researchers who studied more than 200 management tools and techniques. These are: (1) strategy, (2) execution, (3) culture, and (4) __________.


Definitions:

Trephining

An ancient medical practice of drilling or scraping a hole into the human skull to treat intracranial diseases or release pressure.

Situational Context

The social or environmental setting of a person’s behavior.

Social Norms

Unwritten rules or expectations for behavior in a given group or society, guiding actions and responses without the need for formal laws.

Renaissance

a period of cultural, artistic, political, and economic "rebirth" following the Middle Ages, characterized by an emphasis on classical learning and values.

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