Examlex
Joyce owns an activity (not real estate) in which she participates for 100 hours a year; her husband participates for 450 hours. Joyce qualifies as a material participant.
Technology Control
The management and regulation of the development, application, and dissemination of technology.
Formal Authority
The power given to an individual or entity based on their position within an organization, enabling them to enforce rules and make decisions.
Bureaucracy
A systematic administrative system governing any large organization, characterized by fixed rules, hierarchy, and detailed procedures.
Boundaryless Organization
A type of organization that seeks to eliminate the traditional barriers between departments as well as barriers between the organization and the external environment.
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