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What Are the Two "Hidden Costs" That Are Often Overlooked

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What are the two "hidden costs" that are often overlooked in determining the total cost of a facility location decision?


Definitions:

Political Alliances

Partnerships or associations formed between political entities, such as countries or parties, to advance shared goals or interests.

Formal Authority

indicates the legitimate power granted to an individual or organization by virtue of position or office to make decisions, command resources, or govern.

Force-Coercion Strategy

A change management approach that involves using power to effect change, typically through the application of pressure or the threat of negative consequences.

Formal Authority

Formal authority is the power or right, often vested by an organization, to give orders and make decisions within a designated scope.

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