Examlex
A sole proprietorship would not be an adequate form of business for what type of operation?
Just-In-Time
A production and inventory strategy where materials and products are delivered or manufactured just in time for use or sale, reducing storage costs.
Market Share
The segment of a market held by a certain company or product.
Concentration Ratio
A measure used to assess the market share controlled by the top firms in an industry, indicative of market competitiveness or dominance.
Inverted-U Theory
A hypothesis that suggests a relationship between a particular factor and an outcome starts positively at lower levels, peaks, and then turns negative as the factor increases further.