Examlex
If a manager selects an employee to fit the task,trains that employee so she learns the best way of doing things,and then monitored her closely,that manager would be adhering to the principles of ______.
Indivisible
A characteristic of goods or factors that cannot be divided or separated into smaller units without losing value or utility.
Public Good
A product or service that is provided without profit to all members of a society, either by the government or a private individual or organization.
Price Mechanism
The process through which prices rise and fall as a result of changes in supply and demand, guiding economic decisions and resource allocation.
Communism
An economic system characterized by collective ownership of most resources and central planning.
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