Examlex
A CVT transmission is an automatic transmission which functions like a manual transmission.
Bureaucracy
A system of government or management involving multiple layers of administration, strict policies, and rigid adherence to rules.
Formal Chain
refers to a structured sequence of command or a series of roles within an organization, through which official communication is passed.
Favouritism
The practice of giving unfair preferential treatment to one person or group at the expense of another.
Employee Ownership
A business model where employees have a significant stake in the company through stock ownership or share options, often leading to higher engagement and loyalty.
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