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The shift in strategy from a plan to a direction leads to:
Fringe Benefits
Additional benefits supplementing an employee's salary, such as health insurance, paid vacation, allowances, and retirement plans.
Deskilling Thesis
The theory that technological advancements and changes in work organization lead to a reduction in the skill required to perform certain jobs.
Occupational Hierarchy
The structured arrangement of jobs within an organization or society, ranked according to authority or status.
Service Sector
The segment of the economy that provides services rather than tangible goods, including industries like healthcare, education, and finance.
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