Examlex
What is a general term that refers to subdividing work and workers into separate organizational units that are responsible for completing particular tasks?
Resource Reallocation
The process of distributing or redirecting resources from one use, area, or project to another to improve efficiency or address changing needs.
Consumer Desire
The inclination or preference of consumers towards certain products or services, which influences their purchasing decisions.
Industry X
A placeholder term used to reference a specific, but unnamed industry or sector within the economy.
Specialization
The process in which individuals, firms, or countries focus on producing a narrow range of products or services, often to improve efficiency and productivity.
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