________________ Groups Are Made Up of Two or More Individuals

question 25

Short Answer

________________ groups are made up of two or more individuals who are associated with one another in ways not prescribed by the formal organization.

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Definitions:

Maximise

To increase something to its greatest possible amount or degree.

Input

Resources such as labor, materials, and energy that are used in the production process of goods or services.

Production Function

A mathematical representation that describes the relationship between inputs used in production and the resulting output.

Output

The aggregate sum of products or services generated by a business, sector, or economic system.