Examlex
Which condition is a chronic inflammatory disorder caused by bronchial obstruction characterized by wheezing, prolonged expiration, shortness of breath, and sensations of chest tightness?
R&D Expenditures
Funds allocated towards research and development activities by companies or governments, aiming for innovation and technological advancements.
Fast-Second Strategy
A business approach where companies quickly follow pioneers in a market, improving on their innovations or reducing costs to gain competitive advantage.
Economic Efficiency
The optimal distribution of resources to meet the needs and wants of a society, minimizing waste and maximizing value.
Productive Efficiency
A situation in which a firm or economy produces goods at the lowest possible cost, utilizing all available resources efficiently.
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