Please Define the Following Key Terms

question 8

Short Answer

Please define the following key terms
-World Trade Organization

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Definitions:

Industries

Broad sectors of the economy engaged in the production and distribution of goods or services, characterized by their respective specialization fields.

Occupations

Various forms of employment or professions in which individuals engage to earn a living.

Personal Characteristics

The distinct attributes or traits that define an individual's personality and behavior.

Managerial Prerogatives

The rights and discretion granted to managers to make decisions and act in the best interest of the organization within the bounds of their authority.