Examlex
In portfolio analysis, we often use ex post (historical) returns and standard deviations, despite the fact that we are really interested in ex ante (future) data.
Excessive Paperwork
Refers to an overly large amount of written documents, forms, and reports required or generated, often leading to inefficiency and productivity loss within an organization.
Bureaucracy
An organizational structure characterized by hierarchical authority, formal rules, and a focus on procedure.
Impersonality
A characteristic of systems or processes where decisions and actions are based on objective criteria, rather than on personal relationships or biases.
Organizations as Communities
A concept that views organizations as social entities built on patterns of relationships, shared values, and cultural practices.
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