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What Is the Second Stage of Financial Recovery? What Happens

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What is the second stage of financial recovery? What happens in this stage?


Definitions:

Telephone Effectiveness

The measure of how well telephone communication achieves desired outcomes.

Company Grapevine

Refers to the informal transmission of information, rumors, and gossip within an organization.

Face-to-face

Direct interaction between two or more individuals, physically present in the same location.

Shadow Organization

Informal networks and unseen structures within a company that influence decisions and actions beyond the formal organizational chart.

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