Examlex
Customer Relationship Management Systems (CRM) involve activities between companies and its suppliers in an effort to enhance production and delivery of goods to customers.
Skilled Computer Engineers
Professionals with expertise in computer science and engineering, specializing in software development, system analysis, and hardware engineering.
Opportunity Cost
The potential benefit missed out on when choosing one alternative over another; essentially, it's the cost of foregoing the next best option.
Individual Choice
Decision-making by individuals based on their preferences, resources, and trade-offs they face.
Productive Capacity
The maximum output that an economy can produce without increasing inflation, driven by available resources and technology.
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