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Rent ceilings
Mechanistic
Describes organizations or systems that are highly structured and operate like machines, focusing on routinization and hierarchical authority.
Burns and Stalker
Burns and Stalker were social scientists known for their work on the theory of management and organizational structure, specifically the distinction between mechanistic and organic systems.
Delegated
The process by which authority and responsibilities are transferred from one person to another, while still retaining accountability for the outcomes.
Authority
The right or power assigned to an individual or organization to make decisions, give orders, and enforce obedience.
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Q334: The concept of "the invisible hand" suggests