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Max Weber Favoured All of the Following Principles of Organization

question 87

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Max Weber favoured all of the following principles of organization except:


Definitions:

Planned Economy

Economic system in which government controls determine business ownership, profits, and resource allocation to accomplish government goals rather than those set by individual firms.

Mixed Market Economy

features both private and public enterprise, blending elements of capitalist and socialist economic systems.

Private Enterprise System

Economic system that rewards firms for their ability to identify and serve the needs and demands of customers.

Different Kinds

Refers to a variety of types, categories, or classifications within a certain context or domain.

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