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-Use the above table. If firms 4 and 5 merge, the four-firm concentration ratio will be
Evolve
To develop or change gradually over time, often in response to environmental pressures or challenges.
Requisite Variety
A principle in systems theory that states a system or organization must have a diversity and complexity of responses that matches the complexity of the environment it operates in.
Leader Complexity
The characteristic of a leader to understand, manage, and utilize various complex thoughts and behaviors in leading effectively.
Behavioral Flexibility
The ability of an individual to adapt and change their behavior based on the current situation or environment, which is crucial for effective leadership and interpersonal relations.
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