Examlex
The employment-at-will doctrine gives managers and supervisors the unrestricted right of termination.
Technological Advance
Improvements in technology that increase productivity and lead to new products or more efficient processes.
R&D Spending
The amount of financial resources allocated by organizations on research and development activities aimed at creating new products or improving existing ones.
Interest-Rate Cost
The cost incurred by an individual or entity due to borrowing funds, determined by the rate of interest on the borrowed amount.
Marginal Utility
The additional enjoyment or gain achieved by consuming another unit of a good or service.
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