Examlex
Current position analysis is used by short-term creditors to assess how quickly they will be repaid.
Means-ends Rationality
A decision-making process where actions are planned to achieve specific goals, emphasizing efficiency and the logical selection of means.
Value Rationality
A type of action motivated by beliefs in the inherent value of certain ethical, aesthetic, or religious convictions, irrespective of potential outcomes.
Collective Action
A process where individuals come together to achieve a common objective, often overcoming personal self-interest for the good of the community.
Ideal Type
A conceptual model used in sociology that describes a pure form of a given social phenomenon, serving as a standard against which real phenomena can be compared.
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