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According to the quantity theory of money, inflation is inversely related to money supply and the velocity of circulation of money.
Decentralized
Refers to the dispersion or distribution of functions and powers away from a central location or authority.
Decision Rights
The authority granted to individuals or groups to make choices regarding the allocation of resources, execution of tasks, or direction of strategies.
Relevant Information
Data or facts that can influence the outcome of a decision and should be considered when making choices.
Organizational Design
The process of structuring an organization in terms of its workflow, systems, and processes to achieve its objectives and maximize efficiency and effectiveness.
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