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Openze Technology,a firm that manufactures mobile phones,has seen a major improvement in cost reduction since it instituted a three-week training program for all of its new recruits.During the training program,the new employees are constantly encouraged to express their thoughts and ideas.Good ideas are rewarded immediately by the trainers,thereby encouraging active participation.Which factor most likely explains the success of the training?
Contract Language
The specific phrasing and terminology used in contracts to clearly define rights, responsibilities, obligations, and other agreements between parties.
Usury Statute
Laws that set maximum interest rates that can be charged on loans to prevent predatory lending practices.
Maximum Rate
The highest permissible interest rate or charge on a loan as defined by law or regulation.
Illegal Bet
A wager placed in violation of laws or regulations governing gambling activities.
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