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Which one of the following statements is NOT correct?
Not-for-Profit Organizations
Organizations that operate for purposes other than generating profit, focusing on social, educational, or charitable objectives.
Formal Structures
Organized frameworks in businesses and organizations characterized by defined rules, roles, and responsibilities intended to achieve efficiency and goals.
Free-Rein Leaders
Leadership style where authority is delegated to employees, empowering them to make decisions and solve problems independently.
Subordinates
Employees or team members who are lower in rank or position and report to someone higher in the organizational hierarchy.
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