Examlex
Abstraction ignores many details in order to focus on the most important elements of a problem.
Australasian Company
A company that operates in Australia, New Zealand, and sometimes in the neighboring islands in the Pacific.
Classical Approach
A management theory focusing on the efficiency, productivity, and structure of an organization, emphasizing clear divisions of labor, centralized decision-making, and strict hierarchy.
Human Resource Approach
A management perspective focusing on the recruitment, management, and direction of people in an organization to maximize their potential and achieve organizational objectives.
Dynamic Organisations
Dynamic organisations are those characterized by their ability to adapt rapidly and efficiently to changes in the external environment, technology, or market demands.
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