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Diminishing Returns
An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot increase proportionally and starts to decrease.
Exponential Function
A mathematical function denoted as f(x) = a * b^x, where 'b' is a positive real number, and 'a' is a constant, used to model growth or decay processes.
Linear Function
A mathematical expression that represents a straight line, characterized by a constant rate of change.
Outsourcing Decision
The process of determining whether certain business operations or services should be performed in-house or contracted to external providers.
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