Examlex
The _____ outlines the knowledge, skills, education, physical abilities, and other characteristics needed to adequately perform the job.
Flexibility
The ability to adapt quickly and effectively to changing conditions and circumstances.
Market Failure
A circumstance in which a free market's distribution of goods and services is inefficient, frequently warranting intervention by the government.
Contract Failure
A situation where the market fails to provide an efficient outcome, leading to a gap that nonprofits often aim to fill.
Open System
An organizational or systemic concept where continuous interaction with the environment is necessary for sustainability and growth.
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