Examlex
Which of the following goods would see the largest decline in demand during a recession?
Empowered
Having the authority, confidence, and freedom to make decisions or take actions autonomously, often aimed at self-improvement or achieving specific goals.
Decentralization
The transfer of control and decision-making from a centralized entity to multiple lower-level entities, promoting autonomy and local decision-making.
Globalization
The integration of economy, trade, and finance on an international scale.
Self-Managing Team
a group of workers who are given the autonomy to manage themselves and make decisions within their areas of operation without traditional management.
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