Examlex
Briefly describe each of Toffler's three waves.
Top-Down Managerial
A management approach where decision-making and direction come from the top levels of the organization and flow downward.
Profit-Making Businesses
Enterprises or organizations that operate with the primary goal of earning financial profits.
Budgetary Slack
Excess resources set within a budget to provide for uncertain events.
Operational Plans
Detailed plans that outline how a strategy will be implemented in terms of day-to-day operations.
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