Examlex
The practice of delegating decision-making authority to the lower levels of management in a company is
Reorganization
The process of changing the structure, operations, or processes of an organization to improve efficiency, adapt to new conditions, or achieve specific goals.
Late 19th Century
The period from 1871 to 1900, marked by significant industrial, social, and political changes globally.
Social Darwinism
A theory that applies the concept of survival of the fittest to human societies, often used to justify political conservatism, imperialism, and racism.
Economic Development
The sustained, concerted actions of policymakers and communities that promote the standard of living and economic health of a specific area.
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