Examlex
Lobbying and the extension of patents are both examples of x-inefficiency.
Maturity Stage
The phase in a product's lifecycle when growth slows, and the product reaches widespread acceptance and market saturation.
Chaotic
A state of complete disorder and confusion.
Personal Ethical Standards
Individual principles and values that govern behaviors and decisions, often reflecting concepts of right and wrong.
Business Ethics
The study and examination of moral and ethical principles in the business environment, focusing on the conduct of individuals and organizations.
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