Examlex
A special one-time order should never be accepted if the unit sales price is less than the unit variable cost.
Max Ringelmann
A French agricultural engineer who discovered that individuals exert less effort on a task when they work in a group compared to when working alone, known as the Ringelmann effect.
Individual Effort
The amount of work, energy, or initiative an individual puts into achieving a task or goals without relying on help from others.
Group Size
The number of individuals within a group or social gathering, which can influence dynamics, interactions, and outcomes within the group.
Norman Triplett
A psychologist known for his work on social facilitation and the co-action effect, which found that individuals perform tasks better or faster in the presence of others.
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