Examlex
A decline in nominal GDP is the single best indicator of a recession.
Centralization
The concentration of decision-making authority at the top levels of an organization or system.
Division of Labor
The assignment of different tasks to different people or groups in an effort to improve efficiency and productivity.
Team-Based Organizations
Organizations structured around teams rather than traditional hierarchical lines, emphasizing teamwork and collective goals.
Complex Environments
Complex environments are characterized by multiple, dynamic factors and variables that interact in unpredictable ways, making navigation and decision-making challenging.
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