Examlex
Personal gifts, such as jewelry or perfume, are appropriate only for business clients, not for colleagues.
Opportunity Cost
The price of foregoing the next most desirable option when a decision is made.
Cell Phones
Portable electronic devices used for mobile communication, including voice calls, text messaging, and internet access.
Herring
A type of fish found mainly in the North Atlantic, known for its significance in various cuisines globally.
Comparative Advantage
The talent of either an individual, corporation, or country to generate a good or provide a service at a reduced opportunity cost compared to that of the competition.
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