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Which of the following is a constant in a mathematical model?
Management Failure
The inability of a company's management to make the correct decisions or to implement strategies effectively, leading to poor performance.
Regulatory Changes
Adjustments or modifications in laws and regulations that affect how businesses operate.
Competitive Pressure
The influence exerted by competing businesses in a market, driving companies to improve products, services, and efficiency.
Entrepreneurial Mind-Set
A mindset that embraces innovation, risk-taking, and the pursuit of new business opportunities.
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