Examlex
What was a key contribution to the dominance of the family-run small business in 1840?
Empowerment
The process of granting individuals or groups the power and resources to make decisions, fostering independence and confidence.
Top-level Managers
Executives responsible for overseeing the strategic direction of an organization and making long-range decisions.
Adaptation
The process of adjusting or changing to fit new conditions or environments.
Top-down Change
Organizational change initiatives that are initiated and managed by top-level management, often requiring changes to be implemented through various levels of the organization.
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