Examlex
Under the federalist system, the states retain significant powers; however, the Supremacy Clause of the Constitution provides that within the areas of regulation that are federal in nature, federal law is supreme.
Societal Forces
External factors such as social, cultural, ethical, and demographic trends that can influence an organization's operations and strategic decisions.
Demographic
Statistical data relating to the population and particular groups within it, such as age, gender, income, etc., often used for marketing analysis.
Experience Curve
A graphical representation that shows how increasing production experience reduces the cost per unit due to learning and efficiencies.
Virtuous Circles
A sequence of reciprocal events that enforce a positive outcome, often leading to a situation where each iteration improves the previous one.
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