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Which of the following is a condition for long-run equilibrium in a competitive industry?
Employee Grievances
Formal complaints or concerns raised by employees regarding workplace conditions, treatment by managers, or issues related to employment terms.
Interdepartmental Integration
The coordination and collaboration between different departments within an organization to achieve common goals.
Maslow's Theory
A psychological theory proposing a hierarchy of human needs, from basic physiological needs to safety, love and belonging, esteem, and finally self-actualization, influencing human behavior.
Herzberg's Theory
A motivation theory which suggests that there are certain factors that cause job satisfaction while a separate set of factors cause dissatisfaction, famously divided into 'hygiene' and 'motivator' factors.
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