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In Figure 1.3, a shift of the production possibilities curve from PP1 to PP2 could be caused by
Organizational Inertias
The tendency of an organization to continue on its current trajectory despite changes in the external environment, often due to resistance to change.
Open Innovation
A business model that encourages collaboration with individuals or companies outside an organization to jointly develop new products or services.
Precise Protocol
A specific, well-defined procedure or set of rules designed to achieve accuracy and efficiency in a particular context.
Target Market
The segment of consumers most likely to be interested in a company's products or services, identified for marketing efforts.
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