Examlex
In the business model canvas (BMC) ,what components are related to customers?
Public Sector
The part of the economy composed of both public services and public enterprises, funded and operated by the government.
Inefficient
refers to the suboptimal allocation or use of resources in a way that does not maximize potential output or outcomes.
Voting Paradox
is a situation in social choice theory where collective preferences can be cyclic (A is preferred to B, B is preferred to C, and C is preferred to A), despite the individual preferences being consistent.
Majority-Rule Voting
A decision-making process where the option that receives more than half of the votes is chosen, commonly used in democratic systems and organizations.
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