Examlex
Critics of the U.S. definition of poverty claim that it is set too _______, because food prices are _______ relative to the prices of other essential goods and services.
Contingency Approach
A theory suggesting that the best way to manage an organization depends on the circumstances, highlighting the need for flexibility in management practices.
Bureaucratic Management
An organizational management style that emphasizes a structured hierarchy, strict procedures, and a clear division of labor to achieve efficiency.
Total Quality Management
A comprehensive approach focused on continuously improving processes, products, and services by integrating all organizational functions toward achieving customer satisfaction.
Theory X and Y
A concept describing two contrasting models of workforce motivation developed by Douglas McGregor; Theory X assumes that employees are naturally unmotivated and dislike work, while Theory Y assumes that employees are self-motivated and thrive on responsibility.
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