Examlex
The New York Times recently noted that a number of contemporary organizations-such as Google-are discarding traditional bureaucratic organizations for ones that are looser and less hierarchical.Compared to the traditional forms,what is one benefit a looser system is likely to achieve?
Majority
More than half of a particular group or amount; often referring to the greater part of a specific population or quantity.
Repudiated
Refers to the rejection or denial of a claim or contract.
Binding
Describes an agreement, contract, or decision that is legally enforceable, requiring parties involved to adhere to the terms set forth.
Competition Act
Legislation aimed at preventing anti-competitive practices in the marketplace, ensuring fair competition, and protecting consumers from unfair business practices.
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