Examlex
The fastest manned plane in the world travels at approximately 3,950 km/h. The circumference of the Earth is about 40,075 km. How long would it take this craft to travel around the world?
Process Loss
The inefficiencies that arise in group processes, leading to outcomes that are inferior to what could have been achieved by individuals working independently.
Actual Output
Refers to the real or achieved results or outcome of a process, which can be compared to expected or intended outputs.
Potential Output
Potential output is the maximum amount of goods and services an economy can produce when it fully uses its available resources.
Köhler Effect
A phenomenon in social psychology where less capable members of a group are motivated to increase their effort on a task to match the performance levels of more capable members.
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