Examlex
Flatter structures push decision-making powers downward in the organization.
Drones
Unmanned aerial vehicles used for a variety of purposes including surveillance, delivery, agriculture, and photography.
Diminishing Returns
A principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, will begin to decrease.
Average Total Cost
The total cost of production divided by the quantity of output produced.
Economies of Scale
Enterprises achieve cost benefits from their operation size, resulting in a reduction of cost per output unit as the scale expands.
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