Examlex
What are heuristics,and how are they useful? Give some examples of where heuristics lead to incorrect judgments.
PEST Analysis
A framework used to analyze and monitor the macro-environmental factors that may have a profound impact on an organization's performance. This includes Political, Economic, Social, and Technological factors.
Advancement Of Infrastructure
The improvement or upgrading of the foundational physical and organizational structures needed for the operation of a society or enterprise.
Licensing
The process of granting permission to use intellectual property rights, such as trademarks, patents, or technology, under defined conditions.
Parent Company
A corporation that owns enough voting stock in another firm to control its board of directors and therefore its operations and policies.
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