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The Bargain of 1877

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The Bargain of 1877


Definitions:

Worker Empowerment

Strategies and practices that give employees authority and power to make decisions and contribute to the company's success.

Vertical Structure

An organizational hierarchy where authority and responsibility flow from top management down through various levels of management.

Formal Rules

Established regulations, principles, or guidelines that are officially recognized and enforced in a particular setting or organization.

Division of Labour

The distribution of various segments of a production process or activity among several people to enhance efficiency and productivity.

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