Examlex
A manager should delegate a decision to subordinates if the decision outcome is of no significance to the organization and employee commitment does not impact the decision outcome.
Revealed Preferences
A concept in economics that studies consumer behavior based on the choices they make, revealing their preferences.
Francs
A former currency of France, which was replaced by the Euro.
Consumption
The act of utilizing economic goods to satisfy needs or desires.
Revealed Preferred
A theory in economics that preferences of consumers can be understood from their purchasing habits and choices, as observed from actual market behavior.
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