Examlex
Which of the following is an example of a natural monopoly?
Open-Door Policy
A management approach that encourages open communication and direct interaction between employees and higher-level management.
Peer Review
The evaluation of work or performance by other people in the same field in order to maintain or enhance quality and credibility.
Open-Door Policy
A management approach where employees are encouraged to directly communicate their concerns, suggestions, or feedback to senior management without going through formal channels.
Arbitration
A method of dispute resolution involving a neutral third party who listens to both sides and then makes a binding decision.
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