Examlex
Match the term with its definition.Some terms may not be used
a.Budget
b.Chain of command
c.Delegation of authority
d.Empowerment
e.Long-range plan
f.Professional manager
g.Self-managed work teams
h.Short-range plan
-A plan that governs a business's operations for one year or less.
Mean Number
The average value in a set of numbers, calculated by summing all numbers and dividing by the count of the numbers.
Mean
The average of a set of numbers, calculated by dividing the sum of all values by the number of values.
Median
The middle value in a dataset when ordered from smallest to largest, serving as a measure of central tendency.
Mode
The value that appears most frequently in a data set, a measure of central tendency.
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