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It may appear in the incubation stage of the creative process that the entrepreneur is loafing, as he is taking time to reflect on the information collected.
Top Management
The highest level of executives and decision-makers in an organization responsible for overall direction and strategy.
Middlemen
Intermediaries in the distribution process that facilitate transactions between producers and consumers by handling logistics, marketing, or sales.
Transactions Costs
The expenses incurred when buying or selling goods and services, which may include search, bargaining, maintaining trade standards, and enforcement costs.
Economic Output
The total value of all goods and services produced within an economy over a specific period of time.
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