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When Making Decisions About Strategy Design and Strategy Implementation,managers Must

question 62

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When making decisions about strategy design and strategy implementation,managers must understand which revenues and costs to consider and which ones to ignore.


Definitions:

Leadership Classifying

The process of categorizing leadership styles or behaviors according to specific criteria or characteristics.

Capabilities

Refers to the qualities, abilities, or capacities that an individual or organization possesses to achieve specific tasks or goals.

Group Process

The patterns of interactions and dynamics that occur within a team or group, influencing its functionality and success.

Management Functions

Refer to the planning, organizing, leading, and controlling activities aimed at achieving organizational goals effectively and efficiently.

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