Examlex
A light beer contains less alcohol than a regular beer.
Managerial Decisions
Choices made by managers or executives within organizations that influence direction, operations, and outcomes, based on analysis and judgement.
Management Authority
pertains to the powers and responsibilities vested in managers to make decisions, direct operations, and enforce policies within an organization.
Unilateral Control
A management approach where decisions are made by one person or entity without consultation or agreement from others involved.
Market Competition
The rivalry among companies selling similar products and services with the goal of achieving revenue, profit, and market share growth.
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