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What affect do stable and dynamic environments have on organizational structure?
Excess Capacity
A situation where a company can produce more than is required to meet the demand, often leading to inefficiencies and increased costs.
Bidding Strategy
An approach used by businesses or individuals when competing for contracts or projects, involving how they price their bids to win the work while aiming to maximize profits.
Incremental Costs
The additional costs incurred when a business increases its level of output or activity by one unit.
New Products
Items or services that have been recently developed, introduced, or brought to market.
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