Examlex
While a manufacturer may have substantial influence over its first tier suppliers,their influence over second and third tier suppliers is typically much higher.
Diseconomies of Scale
Diseconomies of scale occur when a company or business grows so large that the costs per unit increase, opposite of economies of scale where costs decrease with increasing production.
Economic Growth
A rise in the output of goods and services within an economy over a specific time frame.
Employment Discrimination
The unfair or prejudicial treatment of individuals in the workplace based on race, gender, age, religion, nationality, or other non-merit factors.
Innovation
The act of converting a concept or innovation into a product or service that generates value or is something customers are willing to purchase.
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