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According to Mischel and Shoda, traits are best characterized as:
Government Regulation
Rules or laws established by governments to control or manage specific activities, businesses, or industries.
Economies of Scale
The economic gains achieved by companies through their large-scale operations, which lead to a reduction in the cost per unit as the scale of operation increases.
Product Development
The process of bringing a new product to the market, including ideation, design, creation, and marketing.
Start-Up Costs
The initial expenses incurred during the process of establishing a business, including research, borrowing costs, licensing, and initial marketing.
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