Examlex
Describe the responsibilities of the National Labor Relations Board (NLRB).
Barriers to Entry
Economic, procedural, or regulatory hurdles that inhibit new competitors from easily entering an industry or area of business.
Social Progress
The advancement of society through improvements in education, healthcare, technology, and standard of living, among other factors.
Functional Strategy
A specific, detailed plan developed for departments such as marketing, finance, or production, focusing on achieving departmental goals aligned with the company’s overall strategy.
Business Strategy
A plan of action employed by businesses to achieve competitive advantage and meet their goals.
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