Examlex
What will be the normal impact on costs when managers buy convenience items rather than make those same items from scratch?
Tax Exemptions
Deductions from taxable income or specific revenues not subject to taxation, often granted to encourage certain activities or investments.
Patent
Guarantee to an inventor exclusive rights to an invention for 17 years.
Economic System
The organized way a country allocates its resources and distributes goods and services to its citizens, including capitalism, socialism, and communism.
Major Industries
Key sectors of the economy which are significant in terms of their output, employment, or revenue generation.
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