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John,the CEO of Prestige Corp.,realized that the additional level in the organizations hierarchy was delaying the decision-making process.If John adopts a conventional approach,which of the following would he most likely do?
Traditional View
A perspective or approach that is based on customs, beliefs, or practices that have been handed down from past generations.
Matrix Corporation
A complex organizational structure that combines functional and product departments in a dual authority system.
Labor Costs
The total expenses associated with employing staff, including wages, benefits, and taxes.
Shareholders
People or organizations that hold stock in a corporation, granting them specific rights and an interest in how well the company does.
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