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Suppose that you draw one card from a standard deck of 52 cards.If the card you draw is a red card,what is the probability it is also a face card?
Strategic Farsightedness
The ability of an organization to look beyond immediate challenges and plan for long-term opportunities and risks.
Flexible Structure
An organizational framework that can quickly adapt to changes in the environment, allowing for innovation, scalability, and responsiveness.
Management Team
A group of individuals who work together to manage an organization, make strategic decisions, and ensure the company achieves its goals.
Management Synergy
When combined management efforts result in a performance greater than the sum of their individual effects, leading to increased efficiency and productivity.
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