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Define Import Substitution

question 9

Essay

Define import substitution. Evaluate the success of import substitution strategies in developing countries.


Definitions:

Goal Setting

The process of identifying specific, measurable, achievable, relevant, and time-bound objectives.

Implicit Leadership

Refers to the concept that people have inherent beliefs and expectations about the attributes and behaviors that characterize effective leaders.

Implicit Leadership Perspective

A theory suggesting that people have ingrained beliefs and assumptions about the attributes and behaviors that make for effective leadership, which influence their responses to leadership actions.

Employees Expect

A theory or belief held by workers about how they think they should be treated at work, their expected benefits, and career progression.

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