Examlex
A tax credit is an amount subtracted directly from the amount of taxes owed.
Retrenchment
A strategy used by organizations to reduce their scale or scope in response to financial pressures, often involving cost-cutting measures and reductions in workforce.
Organizational
Relating to the structure or functioning of an organization or the collective group organized for a particular purpose.
Operational
Pertaining to the daily activities and functions necessary for an organization or system to run efficiently and effectively.
State of Crisis
A situation or period in which an organization or community faces significant challenges or threats that require immediate and effective response.
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