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When a Firm Is Searching for Attractive Opportunities, a Good

question 148

Multiple Choice

When a firm is searching for attractive opportunities, a good manager should keep in mind that ___________ strength is very important.


Definitions:

Union Group

A collective of workers formed to negotiate with employers for better terms of employment, such as wages and working conditions.

Divisional Structure

A type of organizational structure that groups together those employees who are responsible for a specific product type or market service according to workflow.

Expertise Focused

Concentration or specialization in a particular area of knowledge or skill.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

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