Examlex
The cost of training employees would be classified as an external failure cost.
Research
A systematic approach of gathering data using an agreed-upon set of methods.
Organic Analogy
The belief that society is like an organism with interdependent and interrelated parts.
Functionalism
A theoretical framework that views society as a complex system whose parts work together to promote solidarity and stability.
Equilibrium
A state of balance or stability within a system, achieved when competing influences are equalized.
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