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A Shopping Mall Provides an Interface Between Two Types of Customer

question 37

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A shopping mall provides an interface between two types of customer: the retailers which lease retail stores and the consumers that shop at these stores.Hence a shopping mall may be regarded as a platform.


Definitions:

Managerial Skill

A set of abilities and talents that an individual possesses to effectively manage or lead a team or organization.

Organizational Strategy

A comprehensive plan outlining how a company will achieve its goals and improve its competitive position.

Competitive Global Environment

The dynamic and challenging context in which businesses operate, characterized by competition across geographical boundaries.

Katz

Refers to Robert L. Katz, who is recognized for his work on the three essential managerial skills: technical, human, and conceptual.

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