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The Upper Class Makes Up Just 1 Percent of the Total

question 114

Multiple Choice

The upper class makes up just 1 percent of the total U.S. population, but its total net worth is greater than that of ____________ of the rest of the population.


Definitions:

Organizational Hierarchy

The arrangement of individuals within an organization into different levels of authority and responsibility, often visualized as a pyramid.

Democratic Process

A method of decision-making where all members have an equal say or vote in the decision.

Empowerment Approach

A strategy for enhancing the capacity of individuals or groups to make choices and transform those choices into desired actions and outcomes.

Theory Y

A management concept which assumes employees are self-motivated, enjoy work, and work to better themselves without direct supervision.

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