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Explain the features of a boundaryless organization. Give an example.
Poverty Rate
The proportion of a population living below the poverty line, reflecting the percentage of people whose income falls below the threshold considered necessary to meet basic needs.
Welfare
Governmental support aimed at ensuring the basic well-being and financial assistance of individuals or groups within a society.
Lower Three Quintiles
Refers to the bottom 60% of the population typically classified by income distribution, focusing on those with lower income levels.
Income
The financial return received by an individual or entity in exchange for providing goods, services, or through investing capital, including wages, profits, and rents.
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