Examlex
Duplication of costs is a disadvantage of decentralized organizations.
Output
The total quantity of goods and services produced by a business, industry, or economy within a specified period.
Competition
The rivalry among businesses or individuals for resources, customers, and market share.
High Wages
Refers to compensation levels that are significantly above the average for a job or industry, typically in response to skill shortages, high demand, or exceptional performance.
High Productivity
The state of achieving a significant amount of output per unit of input, enhancing efficiency and effectiveness in production or work.
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