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is the difference between noncumulative and cumulative quantity discounts?
Institutional Value System
The set of fundamental beliefs, ethics, and norms that guide the behavior and practices within an organization or institution.
Exploration
Calls for the organization and its managers to stress freedom and radical thinking and therefore opens the firm to big changes—or what some call radical innovations.
Process Innovations
Introduce into operations new and better ways of doing things.
Institutional Adaptation
The process by which organizations adjust and change to meet the demands of their external environment or internal needs.
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