As World Trade Increased and Became More Complex Involving Various

question 93

True/False

As world trade increased and became more complex involving various entrepreneurial ventures,the African slave trade was one of the many profit-making industries.

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Definitions:

Rational-legal Authority

A form of leadership where authority is legitimized by legal rules and regulations that are believed to be rational and just.

Bureaucracy

An organizational structure characterized by regularized procedure, division of responsibility, hierarchy, and impersonal relationships, often associated with governmental agencies.

Incentive Programs

Programs designed to motivate and reward individuals or groups to achieve specific goals.

Employee Recognition

The act of acknowledging and appreciating employees for their performance and contributions to the organization, often implemented as a strategy to motivate workforce and improve job satisfaction.