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Open-Book
A management approach where employees are given access to company financial information to encourage understanding of business operations and promote informed decision making.
Profits
The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes needed to sustain the activity.
Decision Problem
A situation that requires a choice to be made among different alternatives.
Leader
An individual who guides or directs a group towards achieving a common goal by influencing or motivating their behavior.
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