In a competitive world, if surviving organizations are using some operating procedure over long periods of time,
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Question:
In a competitive world, if surviving organizations are using some operating procedure over long periods of time, then it is likely that this procedure is yielding benefits in excess of costs. This concept explains about
A. economic Darwinism
B. Managerial economy
C. Micro-economy
D. Macro-economy
Related Book For
Corporate Finance
ISBN: 978-0071339575
7th Canadian Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Ro
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