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What are the advantages and disadvantages of management by objectives (MBO)? Does your company use some type of system like this? If yes, does it work? If not, why doesn’t your company use a system like this? explain in detail.​

Monopolistic competition exists when: Individual businesses have control over their product’s price. There is only one producer of a product in a given market. There is slowdown of the economy characterized by a decline in spending. Many small business selling one standardized product are present in the market there are very few business selling a product

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