Examlex
What term is used for work groups of employees and supervisors who meet regularly to discuss their quality problems and recommend solutions?
Economy
An organized system of production, distribution, and consumption of goods and services within a geographical area.
Circular-Flow Diagram
A model that illustrates the movement of goods and services and money between households and businesses in the economy.
Markets
Places or systems in which parties engage in the exchange of goods, services, or information, driven by supply and demand.
Circular-Flow Diagram
A graphical representation illustrating the flow of funds among households, companies, and the government within an economy.
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