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What Is the Term for the Method of Containing Costs

question 64

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What is the term for the method of containing costs that allows firms to maintain working relationships while shifting administrative costs to another firm?


Definitions:

Emotional Maladjustment

A state in which an individual's emotional responses are inappropriate or out of proportion to their socio-cultural environment.

Maslow

Refers to Abraham Maslow, an American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Need

A requirement essential for an organism's survival, growth, and well-being.

Self-actualization

A concept in psychology representing the realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

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