Examlex
Fiedler's theory is based on the assumption that leaders can't change their styles to fit changing situations.
JIT Concept
Just-In-Time (JIT) is a management strategy aimed at aligning raw-material orders from suppliers directly with production schedules to reduce inventory costs.
Employee Empowerment
A workplace approach aimed at giving employees more autonomy and control over their work processes and decision-making.
Unionization
The process by which workers form or join a union in order to collectively negotiate with their employers over wages, benefits, working conditions, and other employment terms.
Minimum Inventory
The lowest quantity of stock that must be kept on hand to prevent stockouts, taking into account lead times and demand variability.
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