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Which of the following is an example of an IS shock?
i. a change in interest rates
ii. a change in tax policy
iii. a natural disaster
iv. a change in the price of oil
Competitive Orientation
An organization's strategy in responding to and navigating competitive environments, focusing on how it positions itself against rivals.
Strategic Planning Process
A systematic approach to defining a business's strategy, directions, and decision-making process for achieving long-term goals.
Ethical Requirements
Standards and guidelines for moral conduct that individuals and organizations are expected to follow.
Social Responsibility
Social Responsibility is the obligation of businesses to make decisions and take actions that are beneficial for the welfare and interests of society as well as the organization.
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