Examlex
The difference between the total value added and the total costs incurred is called the ________ of the value chain.
Data
Factual information, often structured in numbers, text, or images, used as a basis for reasoning, discussion, or calculation.
Information
Data that has been processed, organized, or structured in a way that adds context or meaning.
Bounded Rationality Model
A concept suggesting that individuals make decisions based on the limited information available to them and within the constraints of their cognitive capacity.
Political Model
A framework that analyzes organizational decision-making and behavior through the lens of power, conflict, and lobbying among competing stakeholders.
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