Examlex
A disadvantage of training is that it makes the new employee dependent on the supervisor and makes it hard for the employee to adapt to changes in the workplace.
Group Profits
The total profit earned by a collective of companies or entities.
Concentration Ratio
A measure used in economics to indicate the relative size of firms in relation to an industry as a whole, often used to represent the level of market concentration.
Oligopolization
The process of market concentration where a few large firms begin to dominate an industry, often leading to reduced competition and higher prices for consumers.
Game Theory
The study of how people behave in strategic situations.
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