Examlex
A child learns that his father is called "Daddy." The next day,he calls his uncle "Daddy." Which term best captures this behaviour?
Centre of Gravity
A geographical location that minimizes transportation costs for a company, considering the locations of suppliers, manufacturing facilities, and markets.
Fixed Cost
Costs that remain constant regardless of the amount of goods produced or sold, like lease payments, employee wages, and insurance fees.
Expansion Options
Strategic choices available to a business to increase its size, offerings, or operational capacity.
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