Examlex
Organizational culture is the "social glue" that binds an organization's members together.
Closed Competition
A competitive scenario where participation is restricted to specific entities or individuals who meet predetermined criteria.
Noncompulsory Distributions
Financial or resource allocations made by an organization or government that are not mandated by law or regulation, often discretionary in nature.
Demand Heterogeneity
Describes the variation in consumers' preferences and needs, which can influence the market strategy of businesses.
Government Failure
Occurs when government intervention in the economy causes inefficiencies or leads to an allocation of resources that does not maximize societal welfare.
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