Examlex
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Scientific Management
A management theory developed by Frederick W. Taylor aiming to improve economic efficiency and labor productivity through systematic study of workflows and tasks.
Flexible Specialization
A production approach emphasizing the adaptability and agility of firms and labor to shifting markets and production processes, often through the use of technology and skilled workforce.
Team-Oriented
A mentality and approach that emphasizes collaboration and teamwork among members to achieve common goals.
Flatter Structures
Organizational structures with fewer hierarchical levels, encouraging more direct communication and collaboration between employees and higher-level management.
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