Examlex
The crowding-out effect of an expansionary fiscal policy is likely to be fully or partially offset during a recession.
Strategic Leadership
Leadership that involves making decisions that enhance the prospects for long-term success of the organization, while maintaining financial stability.
Succession Plan
A strategy devised by organizations to identify and develop individuals to fill key leadership positions in the future, ensuring continuity and minimizing disruptions.
First-Mover Advantage
The competitive edge gained by a company that is the first to enter a particular market with a product or service.
Niche
A niche market segment dedicated exclusively to a certain product or service type.
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