Examlex
The term "micro-enterprise" usually refers to a business that has fewer than:
Perceptual and Behavioral Decision Traps
Cognitive biases or errors in judgment that can lead individuals to make irrational decisions.
Satisficing
A decision-making strategy that entails selecting the first option that meets a minimum threshold of acceptability, rather than searching for the optimal solution.
Outsourcing
The business practice of hiring a party outside a company to perform services or create goods that traditionally were performed in-house by the company's own employees and staff.
Complex Integration
In mathematics, it refers to the process of performing integration for complex functions; in systems theory, it involves the incorporation of various components into a coherent whole.
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