Examlex
Formal communication addresses task-related issues and tends to follow the organization's authority chain.
African Nation
An independent, sovereign country located on the African continent.
World Trade Organization
An international organization designed to facilitate and regulate international trade by providing a forum for negotiations and dispute resolution.
Developing Nation
A term used to describe a country with a relatively low level of industrial and economic development.
Economies of Scale
Cost advantages that entities obtain due to their scale of operation, leading to a reduction in per-unit cost as production increases.
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