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Intangible standards should not be part of the control process.
Developed Markets
Countries with highly industrialized economies, well-developed financial markets, and high standards of living.
Wage-related Expenses
Costs incurred by employers that are directly associated with the payment of wages to employees, including taxes, benefits, and insurance.
Socioeconomic Inequality
The disparities in income, wealth, and access to resources among different social and economic groups within a society.
Globalization
The process of interaction and integration among people, companies, and governments worldwide, often driven by international trade and investment and aided by information technology.
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