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In a Market System, the Primary Instruments Used to Coordinate

question 175

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In a market system, the primary instruments used to coordinate economic activity are


Definitions:

Goodwill Messages

Communications that express thanks, congratulations, or other positive sentiments, intended to build good relationships and positive impressions.

Five S's

Refers to five Japanese terms beginning with 'S' used to create a workplace conducive to organizational and visual harmony: Seiri (sort), Seiton (set in order), Seiso (shine), Seiketsu (standardize), and Shitsuke (sustain).

Correct a Wrong

The act of making amends or rectifying an error, mistake, or injustice.

Message

A piece of communication or information conveyed from one person or group to another.

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