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According to the Principle of Minimum Chain of Command, an Organization

question 60

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According to the principle of minimum chain of command, an organization should choose the minimum number of hierarchical levels consistent with its goals and the environment in which it operates.


Definitions:

Pure Strategies

A strategy in game theory in which a player makes a specific choice or takes a specific action with certainty.

Sponsor

An individual or organization that provides funds for a project or activity carried out by another, in exchange for advertising or promotion.

Nash Equilibrium

A concept in game theory where no player can benefit by changing their strategy while the other players keep theirs unchanged, representing a state of optimal strategy among all participants.

Mixed Strategies

In game theory, strategies involving randomizing choices to make opponents indifferent between their own possible actions.

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