Examlex
According to Herzberg, when organisational managers develop tasks that are meaningful, interesting and challenging, depending on the needs, wants and interests of employees they will:
External Stakeholders
External stakeholders are individuals or groups outside of an organization who are affected by its actions and decisions, such as customers, suppliers, investors, and the community.
Growth Industry
A growth industry is a sector of the economy experiencing above-average growth compared to other sectors, often driven by technological innovations or consumer demand.
Managerial Discretion
The freedom and authority granted to managers to make decisions and take actions on behalf of the organization.
Monopoly
A market structure characterized by a single seller dominating the entire market for a particular good or service.
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