Examlex
An automobile dealer wants to use the modern management concept of work teams. To do so, he should reduce direct supervision in the body shop.
Equator
An imaginary line around the Earth's surface located equidistant from the North and South Poles, dividing the Earth into the Northern and Southern Hemispheres.
Command And Control
A traditional management approach where decisions and instructions come from the top of the organizational hierarchy and are strictly followed by lower levels.
Regulatory Agency
A governmental body responsible for exercising supervisory authority over specific areas of economic or social activity, ensuring compliance with laws and regulations.
Carbon Tax System
A tax levied on the carbon content of fuels to incentivize reduction in greenhouse gas emissions.
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