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A platoon leader or platoon commander (more common in Commonwealth militaries and the US Marine Corps) is the officer in charge of a platoon. This person is usually a junior officer – a second or first lieutenant or an equivalent rank. The officer is usually assisted by a platoon sergeant.
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
A platoon is a military unit typically composed of two to four squads, ... The meaning was a group of soldiers firing a volley together, while a different platoon ...
One example of this is the Modular Ammunition Platoon, where the ammunition technician acts as the second-in-command during the absence of the platoon leader. While the experience gained as an XO is highly beneficial for an army officer's professional development, it is not necessarily a prerequisite for a command position.
In a military context, the chain of command is the line of authority and responsibility along which orders are passed within a military unit and between different units. In simpler terms, the chain of command is the succession of leaders through which command is exercised and executed.
Welfare economics is a branch of economics that uses microeconomic techniques to evaluate economic well-being, especially relative to competitive general equilibrium, with a focus on economic efficiency and income distribution. [13] In general usage, including by economists outside the above context, welfare refers to a form of transfer payment ...
Economics of participation is an umbrella term spanning the economic analysis of worker cooperatives, labor-managed firms, profit sharing, gain sharing, employee ownership, employee stock ownership plans, works councils, codetermination, and other mechanisms which employees use to participate in their firm's decision making and financial results.
The General Theory of Employment, Interest and Money is a book by English economist John Maynard Keynes published in February 1936. It caused a profound shift in economic thought, [1] giving macroeconomics a central place in economic theory and contributing much of its terminology [2] – the "Keynesian Revolution".