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Jason,a sales manager,has been given the task of coaching a new employee.What should Jason do first?
Trade
The exchange of goods, services, or both between two or more parties.
Factors of Production
The assets employed to produce goods and services, encompassing land, labor, capital, and entrepreneurship.
Command Economy
A type of economic system where production, investment, prices, and incomes are determined centrally by a government.
Central Authority
An organization or governing body that holds the primary power and control over decision-making and regulation within a certain area or scope.
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