Examlex
The precipitous fall in the price of assets that takes place when financial institutions must sell their assets quickly in the midst of a crisis is called a(n) :
Satisfaction
The feeling of pleasure or contentment arising from the fulfillment of one's desires, expectations, or needs.
Mechanistic Designs
Mechanistic designs are centralised with many rules and procedures, a clear-cut division of labour, narrow spans of control and formal coordination.
Organic Designs
Approaches to structuring organizations that foster decentralization, allowing for quick adaptation and autonomy among teams.
Centralised Authority
An organizational structure where decision-making powers are concentrated at the top levels of management, leading to a more uniform and controlled implementation of policies.
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