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Which of the following is an example of a leakage from the circular flow of income and expenditure?
Top Executives
Individuals who hold the highest-level management positions within an organization, responsible for developing and implementing policies and strategic goals.
Hierarchical Approach
An organizational strategy where decision-making and power are concentrated at higher levels of management, promoting a clear chain of command.
Flat Organizations
A company structure with few or no levels of middle management between staff and executives, promoting a more collaborative and less hierarchical environment.
Differentiation Strategy
A company that uses a differentiation strategy attempts to develop an image or reputation for its product or service that sets the company apart from its competitors.
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