Examlex
Delegation of authority keeps decision-making authority at the top of an organization.
Materials Requirement Plan
A system used in manufacturing to coordinate the supply of materials with production schedules to ensure that materials are available when needed.
Contingency Theories
A class of behavioral theory that contends that there is no one best way of organizing a corporation, leading a company, or making decisions, instead it depends on various situational factors.
Theory Y
A management concept that assumes employees are inherently motivated and can exercise self-control and self-direction in achieving objectives.
Subsystems
Subsystems are smaller components of a larger system.
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