Examlex
Which of the following is one "discipline" that Senge identified as necessary for an organization to achieve the "learning organization status"?
Demand Shift
A change in consumer desire that moves the demand curve to the right (increase) or left (decrease) in a market.
Negative Profits
A financial condition also known as losses, occurring when a company's expenses exceed its revenues.
Profit-Maximizing
The strategic process used by businesses to determine the price and output level that generates the most profit.
Demand
The quantity of a good or service that consumers are willing and able to purchase at various prices during a specified period of time.
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