Examlex
For many organizations, the most cost-effective way to manage payroll operations is through in-house development.
Auctioning
the process of selling goods or services to the highest bidder through a competitive bidding process.
Direct Regulation
A method of regulation where government agencies set explicit rules or standards that restrict certain actions or outcomes, often involving monitoring and enforcement.
Positive Externalities
Benefits that a third-party or society gains from a transaction or activity they are not directly involved in.
Third Parties
Entities that are involved in a transaction or relationship but are not the main parties; in economics, often refers to intermediaries or external stakeholders.
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