Examlex
Backward integration refers to greater ownership and control of the distribution channel.
Fringes
Additional benefits provided to employees beyond their regular salaries, such as health insurance or retirement plans.
Per Capita GDP
A measure that expresses a country's Gross Domestic Product divided by its total population, indicating the average economic output per person.
Population
The total number of people living in a specific area or country at a certain time.
Real GDP
Gross Domestic Product adjusted for inflation, measuring the value of all goods and services produced within a country in a given year, reflecting the actual purchasing power.
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