Examlex
The chain of command illustrates ____________, while the organization chart illustrates ________.
job specialization; the company's structure
reporting relationships; job specialization
centralization; decentralization
functional departmentalization; job specialization
reporting relationships; the company's structure
Quota
A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specific time period.
Subsidies
Subsidies are financial grants or support extended by governments to firms, individuals, or institutions to encourage the production or consumption of certain goods or services, or to support industries.
Domestic Firms
Refers to companies that operate within the country where they are based and conduct their business activities in the local market.
Subsidies
Financial contributions by a government or public body to support businesses, consumers, or economic sectors, reducing the price of goods and services or the cost of production.
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