Examlex
In the context of design rules for fabricated assembly products,minimizing the number of parts for a product reduces direct labor and material handling costs.
Necessity-based Entrepreneurship
Entrepreneurial activities that are initiated as a result of a lack of viable employment options, leading individuals to start their own business to sustain themselves.
Quest for New Opportunities
The proactive and continuous search for new avenues for growth, improvement, or competitive advantage.
Absolute Need
An absolute need refers to a requirement that is essential for survival or to maintain a certain quality of life, without which a significant detriment occurs.
Growing Too Fast
A scenario where a business expands at a rate that may be unsustainable, leading to potential operational, financial, or quality control problems.
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