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The present value of a given payment will be lower
Biocratic Control
A form of control characteristic of post-Fordist organizations in which the focus is on capturing “life itself” (bios) by erasing the distinction between work and life.
Direct Control
A management or governance approach where orders, rules, and decisions are explicitly stated and enforced by a central authority.
Coercive
Relating to or using force or threats to persuade someone to do something against their will.
Less Explicit
Describing something that is not clearly or directly expressed, leaving room for interpretation or assumption.
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