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Explain the Meaning of 'Externalities

question 7

Essay

Explain the meaning of 'externalities'.
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Definitions:

Groupthink

Is the tendency of cohesive group members to lose their critical evaluative capabilities.

Vroom, Yetton, and Jago

Scholars associated with the development of a model for situational leadership and decision-making processes within organizations.

Key problem attributes

Characteristics or factors that define and influence the core aspects of a problem.

Commitment probability

The likelihood that an individual will remain dedicated to a task, goal, or relationship over time.

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