Examlex
The main cause of the sea breeze is the unequal heating of land and water.
Formal Organization
An organization structured with established laws, regulations, policies, and procedures to achieve specific objectives, characterized by a defined hierarchy and roles.
Success-Disengagement
The process where successful entrepreneurs gradually reduce their involvement in the business, either through retirement or by delegating responsibilities.
Takeoff
The phase in a project or venture where rapid growth or development begins, often after a period of foundation laying or preparation.
Resource Maturity
Resource maturity refers to the stage in a resource’s life cycle where it can reliably and sustainably support operations or production levels, typically seen in information technology and natural resources management.
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