Examlex
If wages are below the wage level that causes supply to equal demand,then there is
Positive Synergies
The beneficial effects or outcomes that result from the cooperation or merger of two or more entities or processes.
Contracting Efficiencies
Improvements in performance or cost savings achieved through outsourcing or entering into contracts for services.
Agency Costs
Expenses stemming from conflicts of interest between principals (owners) and agents (managers) in a corporation.
Decision Management
The process of making business decisions through repeatable and manageable methodologies, often aided by specialized software.
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