Examlex
It is not necessary for managers to fully understand the causal relationship between their actions and the organization's overall performance to get results.
Early 1980s
A period characterized by significant economic events such as high inflation, high interest rates, and the start of neoliberal economic policies in many countries.
Supply-Side Approach
An economic theory that advocates reducing barriers and taxes on the producers of goods and services to stimulate production and economic growth.
Tax Benefits
are reductions in tax obligations, given to encourage certain activities or investments, such as deductions, exemptions, or credits.
Start-Up Companies
New businesses that are in the initial stages of operation, often characterized by innovative products or services and high growth potential.
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