Examlex
In collectivist cultures, group harmony takes precedence over the wishes of the individual.
Social Facilitation Theory
Social facilitation theory posits that the presence of others significantly impacts an individual's performance, enhancing it on familiar or simple tasks but potentially impairing it on complex or new tasks.
Earned Income
Income generated from the sale of goods or services by an organization, as distinct from donations or grants.
Liability
A legal responsibility or obligation, often in financial terms, that a person or entity has to another.
Business Risk
The exposure to factors that may cause a business to experience lower profits or financial loss, including market competition, regulatory changes, and operational failures.
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