Examlex
Grievance procedures established in most collective bargaining agreements provide a means by which persons claiming the contract has been violated may have their cases decided by impartial third parties.
Competition
is the rivalry among sellers in the same market to attract customers by offering better terms, quality, or services.
Freedom of Enterprise
Freedom of enterprise is the principle that individuals or businesses have the right to own, operate, and profit from their own ventures in an open market with minimal government interference.
Division of Labor
The assignment of different parts of a manufacturing process or task to different people in order to improve efficiency.
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