Examlex
Studies have shown that when individual values align with organizational values,the results are positive.
Exiting Industry
Refers to the process of firms leaving a specific market or sector, typically due to factors like unprofitability, competition, or changing market conditions.
Minimize Losses
The strategy or process of reducing the amount of losses incurred by a business, investment, or action as much as possible.
Fixed Costs
Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance, remaining constant regardless of business activity levels.
Self-actualization Needs
According to Maslow's hierarchy, the highest level of psychological development where an individual reaches their full potential.
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