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When Yahoo! Began to Flounder in the 2001,CEO Terry Semel

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Essay

When Yahoo! began to flounder in the 2001,CEO Terry Semel imposed a more conservative,buttoned-down atmosphere on the freewheeling Internet start-up.At the new Yahoo!,spontaneity is out and order is in.What term is most closely applied to this organizational change phenomenon Be sure to explain what the term means with respect to this example.


Definitions:

Marginal Tax Rate

The rate at which the last dollar of income is taxed, representing the increment in tax paid for an increment in income.

City Wage Tax

A local tax imposed on individuals who work in a city, calculated as a percentage of their wages or salaries.

Proportional

Describes a relationship where changes in one variable cause changes in another variable at a constant ratio or rate.

Average Tax Rate

The ratio of total taxes paid to total income, representing the overall percentage of income that is taken by taxes.

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