Examlex
Corporations that issue debenture bonds are required to provide collateral.
Tall Hierarchies
Organizational structures with multiple levels of management and authority, sometimes leading to slower decision-making processes.
Employee Empowerment
Practices that give employees more autonomy, responsibility, and authority over their work, aiming to increase engagement and productivity.
Centralized Structures
Organizational designs where decision-making authority is consolidated at the top levels of management, leading to a hierarchy of control and limited autonomy lower down.
Decentralized
Refers to the distribution of decision-making powers away from a central authority, allowing for greater input and autonomy at the local or divisional levels.
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