Examlex
When a company owns more than 50% of the common stock of another company
Fewer Layers
A term describing an organizational structure with reduced levels of middle management for faster decision-making.
Rapidly Changing Consumer Demands
The swift alteration in consumers’ preferences and needs that businesses must adapt to in order to stay competitive.
Storytelling
The act of telling or writing narratives or stories, often used as a powerful means of communication, teaching, and entertainment.
Organizational Socialization
The process by which a new employee learns the organizational values, norms, and required behavior patterns.
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