Examlex
What is closely associated with chain of command because it gives manager the right to exercise their power in a given situation?
Economy Of Scale
The cost advantage achieved by an increase in production, resulting in the reduction of costs per unit due to factors like operational efficiency.
Production Quantities
The amount of product that is produced within a specific period.
Microbusiness
A small business typically defined by having fewer than 10 employees and operating on a very small scale.
Diversity
The inclusion and representation of different groups of people, such as races, cultures, ages, and genders, within a community or organization.
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