Examlex
Human errors and mistakes include accidental or unintended problems caused by both employees and nonemployees.
Iron Ore
A naturally occurring mineral from which iron (Fe) is extracted for industrial use.
International Product Life Cycle
A theory that describes how a product matures and declines as it moves through different stages globally, from introduction to decline.
Mature Phase
The stage in a product, business, or industry lifecycle where growth stabilizes and is no longer rapid.
Less-Developed Countries
Nations with a lower standard of living, underdeveloped industrial base, and low Human Development Index (HDI) relative to other countries.
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