Examlex
A low capital expenditures ratio indicates a higher need to obtain outside financing to expand property, plant, and equipment assets.
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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