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Briefly explain why Plato is in favor of a meritocracy. What do you make of his claims? What would be some possible advantages and disadvantages of a meritocracy?
Human Capital
The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
Stress
The emotional or physical strain experienced as a response to challenging or demanding situations, which can impact decision-making and performance.
Organizational Context
The environment or setting within which an organization operates, including cultural, social, and operational factors that influence its functioning and strategy.
Expert Power
The influence someone has over others due to their specialized knowledge or skills.
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