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What are cross-functional business processes? Give an example.
Economic Growth
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time, often measured as the percentage increase in real gross domestic product (GDP).
Standard Of Living
Necessities, comforts, and luxuries one seeks to obtain or to maintain.
Expanded Job Opportunities
The increase in the variety and number of jobs available to the workforce, often due to economic growth, technological advancements, or industry expansion.
Market-Oriented Economy
An economic system where business decisions and the direction of production are guided by the fluctuations of market prices.
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