Identify the Principles of Bureaucracy, and Explain Its Relevance to Organizational

question 33

Essay

Identify the principles of bureaucracy, and explain its relevance to organizational communication.

---

Definitions:

Stakeholder Perspective

An approach in business and management that considers and addresses the interests and welfare of all parties affected by organizational decisions, including employees, customers, investors, and the community.

Shareholders

Individuals or entities that own shares in a corporation, thus having a financial interest and potentially a say in its operations.

Financialization

The increasing importance of financial markets, financial motives, financial institutions, and financial elites in the operation of the economy and its governing institutions.

Short Term Profits

Financial gains realized in a brief period, often prioritized over long-term sustainability.