Examlex
An increase in the labour force shifts the production possibility frontier inwards over time.
Empowering
Providing individuals or groups with the autonomy, resources, and support required to make decisions and take actions independently.
Operational Costs
Expenses associated with the day-to-day functioning of a business or organization.
Hierarchical Layers
Levels of authority and responsibility within an organization, structured in a rank order from highest to lowest.
Knowledge Worker
An individual whose primary job involves processing and working with information, as opposed to manual labor.
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