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As Indicated in the Spotlight for Small Business Box Titled

question 27

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As indicated in the Spotlight for Small Business box titled, "Keeping that Small- Company Feeling," water cooler talk, idea brokers, and other informal ways of collecting creative ideas are proving to be good strategies for large companies.


Definitions:

Organizational Hierarchy

The arrangement of individuals within an organization according to power, status, and job function, often visualized as a pyramid structure.

Self-managed Teams

Groups of employees who are responsible for managing their work and the processes leading to the completion of their goals without direct supervision.

Managerial Layers

Describes the levels of management hierarchy within an organization, from frontline managers to top executives.

Task Force

A temporary group of people formed to carry out a specific project or solve a particular problem.

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