Examlex
Which of the following has made a strong understanding of culture a requirement for successful businesspeople?
3-D Printers
3-D printers are machines that create three-dimensional objects by adding material layer by layer, based on digital models.
Third Industrial Revolution
The period characterized by the digital revolution and the use of electronics and information technology to automate production.
Law of Diminishing Returns
A principle stating that as one factor of production is increased while others are held constant, there comes a point at which the marginal gain in output begins to decrease.
Long Run
A period in which all factors of production and costs are variable, allowing for complete adjustment to changes.
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