Examlex
An increase in the complexity and uncertainty in the external environment increases the number of positions and departments within an organization.
Comparative Advantage
The ability of a country, company, or individual to produce a good or service at a lower opportunity cost than competitors.
Proximity
The state of being close or near in space, time, or relationship.
Natural Resources
Naturally occurring materials such as minerals, water, and fertile land that can be used for economic gain.
International Organization
An entity formed by sovereign states or civil societies to work on common areas of interest such as peace, security, and development on a global scale.
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