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For Years Businesses Have Been Flattening Their Management Hierarchies

question 43

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For years businesses have been flattening their management hierarchies. What does this flattening mean?


Definitions:

World Interdependence

The mutual reliance between different countries and their economies, often leading to a global network of trade and communication.

Intellectual Capital

The intangible assets of an organization, including its knowledge, experiences, and intellectual property, that contribute to its competitive edge.

Knowledge Worker

An individual whose job involves handling or using information and knowledge, often in fields like IT, finance, and engineering.

Work-life Balance

The equilibrium achieved between professional obligations and personal life, contributing to overall well-being.

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