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Multiply the fractions below, and express the answer in reduced form.
Collective Ownership
The shared control and ownership of assets, resources, or enterprises among a group of people or within a community, as opposed to individual privatization.
Bureaucracy
An organizational structure characterized by standardized procedures, hierarchical divisions, and a clear set of rules guiding operations.
Rational Organization
An approach to organizational management that emphasizes efficiency, predictability, calculability, and control through a structured and logical framework.
Bureaucracy
A system of government or business administration characterized by a hierarchy of authority, a clear division of labor, explicit rules, and impersonality in the application of rules.
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