Examlex
The most powerful weapon that groups have to insure their members' cooperation and to weed out disruptive members is ostracism.
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance costs.
Variable Costs
Expenses that change in proportion to the volume of goods or services a company produces, such as materials and labor costs.
Primary Management Function
The core activities central to managing an organization, often categorized as planning, organizing, leading, and controlling.
Macro Uncertainty
Macro uncertainty refers to the unpredictable changes and instability in the macroeconomic environment that affect countries, markets, and global financial systems.
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