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Explain why central banking is a hard job.
Overt Power
The visible, explicit, and acknowledged capacity to influence others or the outcome of events.
Coercive Power
The ability to influence others' behavior through threats, punishment, or sanctions.
Employees' Participation
The involvement of employees in making decisions that affect their work and the organization.
Fostering Participation
Encouraging and facilitating engagement and active involvement of individuals or groups in activities, decision-making processes, or projects.
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