Examlex
The idea that an organization's hierarchy should be designed with as few levels of authority as are necessary to use the organization's resources in an efficient and effective manner falls under which of the following principles?
Ascertainable Value
A value that can be precisely determined or measured.
Limited Liability Company
A corporate framework blending the direct taxation feature of a partnership and the restricted liability characteristic of a corporation.
Unmarried Partner
An individual in a committed romantic relationship who lives with another individual without being legally married to them.
Buy The Other's Interest
To purchase the ownership stake of a partner or shareholder in a business, effectively transferring their portion of ownership to the buyer.
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