Examlex
Brown's Corp. set a number of objectives for the quarter, including increasing productivity by 10 percent and reducing turnover by 20 percent. As a whole, the organization accomplished both these objectives. Brown's Corp. is successful according to which organizational effectiveness criterion?
Absolute Advantage
The ability of an entity to produce a good or service more efficiently than its competitors, using fewer resources.
Specialize
To concentrate on a particular area of study, work, or production, often to gain higher proficiency or efficiency.
Shirt
A shirt is a garment covering the upper body, with sleeves and typically a collar and buttons down the front, worn by both men and women.
Pie
A metaphorical representation of a total market or economy, which can be divided among participants.
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