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In recent years, the consumption of orange juice in the United States has fallen but the price of orange juice has risen.This is because the supply of orange juice has ________ and the demand for orange juice has ________.
Financial Expertise
The knowledge and skills related to managing money, investments, and financial analysis, often essential for making informed business decisions.
Normal Standards
Standards that represent levels of operation that can be attained with reasonable effort. Also called currently attainable standards.
Bonuses
Additional financial compensation awarded to employees as a reward for their performance.
Principle of Exceptions
A management principle focusing attention and resources on areas that deviate significantly from standards or expectations.
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