Examlex
The Punctuated-Equilibrium Model characterizes groups as exhibiting long periods of inertia interspersed with brief revolutionary changes triggered primarily by members' awareness of time and deadlines.
Technology
The application of scientific knowledge for practical purposes, particularly in industry, to create tools, systems, or methods that solve problems or facilitate processes.
Competitive Advantage
An edge that a company has over its competitors, enabling it to generate greater sales or margins and/or retain more customers.
Continuous-process Production
A method of production where materials are continuously in motion or processing to produce goods, often used in industries where the product is indistinguishable from batch-processing.
Labour Force
the total number of people who are available to work, including both the employed and the unemployed who are seeking employment.
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