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LODESTAR emphasizes a more democratic approach to management than Gulick's POSDCORB
Worst Recession
Refers to the most severe period of economic decline in activity across an economy, lasting more than a few months.
World's Leading Industrial Power
A country that dominates global manufacturing output, characterized by its advanced technological capability and extensive industrial infrastructure.
Consumer Market
A marketplace where individuals or households purchase goods and services for personal consumption.
Main Crops
Primary agricultural products that are extensively cultivated in a region.
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