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The Most Important Factors for Operating Effectively in a New

question 205

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The most important factors for operating effectively in a new economy are increased profits,greater return on investment,shareholder involvement,self-management,and competitiveness.


Definitions:

Convergence Theory

A theory suggesting that group members' opinions tend to become more similar over time as they interact and exchange ideas.

Contagion Theory

A theory suggesting that emotions and behaviors can spread through groups as if they were infectious diseases.

Rumors

Unverified information or stories spread informally, typically reflecting people’s desires to understand or make sense of their social environment.

Mass Hysteria

A phenomenon where a group of people exhibit similar hysterical symptoms or behaviors, often as a reaction to fear, rumor, or unknown events.

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