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The Ability of a Firm to Pass on Cost Increases

question 69

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The ability of a firm to pass on cost increases to its customers or revenue decreases to its suppliers is known as:


Definitions:

Leader Attributes

The qualities, traits, and characteristics that are often associated with effective leadership.

Skills

The abilities acquired through practice or learning that enable a person to perform specific tasks effectively.

Skills Approach

A perspective on leadership that implies the effectiveness of a leader is directly related to the skills and abilities they possess.

High Predictive Value

The characteristic of an assessment or test indicating how effectively it can predict future outcomes, behaviors, or success.

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