Examlex
Define management and describe two important ideas expressed in the definition.
Absolute Advantage
The capacity for a person, business, or nation to create a product or offer a service with a per-unit expense that's beneath the cost any other party can achieve for that same product or service.
Opportunity Cost
Discarding possible profits from other actions upon committing to one course.
Avatar
A graphical representation of a user or the user's character or persona, commonly used in virtual worlds, online games, and forums.
Tattoo
Permanent marks or designs made on the body by inserting pigment through pricks into the skin's dermis layer.
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