Examlex
When considering whether to have a new roof installed on a building, the money spent previously on roof repairs to the old roof is information that is relevant to the business decision.
Japanese Companies
Organizations based in Japan, often characterized by specific cultural, managerial, and operational practices unique to the Japanese context.
Cooperation Philosophy
emphasizes working together and assisting each other to reach a common goal or complete a task.
Conflict Avoidance
A strategy or behavior aimed at preventing disagreements or disputes, often by evading potentially contentious issues.
Senior Executives
High-level managers or administrators in an organization, responsible for creating strategies, making major decisions, and leading the company towards its objectives.
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