Examlex
A majority of human resource managers in Fortune 1000 companies said that the successful management of diversity has a positive effect on corporate outcomes.
Patents
Legal rights granted to inventors, giving them exclusive rights to make, use, or sell their inventions for a certain period.
Diseconomies of Scale
A situation in which a firm's production costs increase as it produces more, leading to less efficiency.
Essential Resource
A resource deemed vital for the survival of an organism, community, or operation, whose absence can lead to severe negative impacts.
Elastic Market Demand
Describes a market situation where the quantity demanded of a good or service significantly responds to changes in its price.
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