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What is the "law of effect"? Why is it important for managers?
Values Conflicts
Situations where individuals or groups have opposing beliefs and priorities, often leading to disagreements and tension.
Personality Differences
Variations among individuals in terms of their emotional, interpersonal, experiential, attitudinal, and motivational styles.
Special Capacity
A unique or exceptional ability or potential in a person or system.
Good Will
An intangible asset representing the value of a business's reputation, brand, and ongoing operations, often reflected in its ability to generate future profits.
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