Examlex
Explain what effect an increase in the marginal propensity to save will have on the slope of the demand line and on the size of the multiplier.
Divisionalized Form
This organizational structure divides an entity into semi-autonomous units or divisions, each responsible for their own operations, products, or services.
Machine Bureaucracy
A type of organizational structure characterized by a high degree of standardization and formalization, clear hierarchical levels of authority, and a focus on rules and regulations for management and control.
Span of Control
The number of subordinates directly supervised by a manager, indicating the breadth of management's control.
Hierarchy of Authority
A structured order of positions within an organization, where each level has specific powers and responsibilities over the levels below.
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