Examlex
The use of "light" or low-tar cigarettes reduces the risk of smoking-related illness.
Strategy Implementation
The action phase of strategic management, involving the execution of planned strategies to achieve organizational objectives.
Information Technology
The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.
Institutional Memory
The collective knowledge and history held within an organization, enabling it to learn from past experiences and decisions.
Hidden Cost
Expenses not immediately apparent or obvious when purchasing or investing in something, often becoming clear later on.
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