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What are the methods that a potential entrepreneur should follow to study the market?
Bureaucracies
Complex organizational structures with fixed rules, a hierarchy of authority, and a full-time administrative staff, designed to coordinate and control the work of many individuals.
Bureaucratic Inertia
Refers to the tendency of large, rigid bureaucracies to continue their policies even when their clients' needs change.
Bureaucratic Ritualism
The phenomenon in which bureaucratic organizations focus more on following strict procedures and rules than on achieving their actual goals, leading to inefficiency.
Rules and Regulations
Established guidelines and laws designed to govern behavior and ensure order within a society, organization, or system.
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