Examlex
The first psychology laboratory was set up by
Flexible Leadership Theory
A theory suggesting organizations can achieve success through adaptable leadership practices tailored to operational requirements, change, and efficiency.
External Environment
All factors outside an organization that can potentially affect its performance and operations.
Volatile
Characterized by rapid, unexpected changes or instability, often associated with financial markets, chemicals, or situations.
Strategic Formulation
The process of identifying and setting appropriate strategies for an organization to secure a competitive position and achieve long-term goals.
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