Examlex
All of the following are environmental components except:
Stakeholders
refers to individuals or groups that have an interest, stake, or investment in a company and can either affect or be affected by its actions.
Hierarchy Culture
An organizational culture that emphasizes a clearly defined structure, control, and authority, where decisions are often made at the top levels.
Formal Chain
A structured sequence of command or a hierarchy within an organization, where communication and decisions flow through a pre-defined path.
Efficiency
The ability to accomplish a task or objective with the minimal expenditure of time and resources.
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