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What conditions must be present for self-managed work teams to be effective?
Discharge
The termination of an employee's job position by the employer, often for cause such as misconduct or poor performance.
Aggregate Welfare
The total level of well-being or economic prosperity of a community, region, or country, considering all individuals and factors collectively.
Top-Down Organizations
Organizations structured so that decision-making and directives flow from the upper levels of management down to the lower levels.
Shareholders
Individuals or entities that own shares in a corporation, giving them partial ownership and a right to part of the profits.
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