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The principle that similar activities in an organization should be grouped together under one manager is the essence of the classical perspective known as:
Flexible Work Hours
A work schedule that allows employees to vary their arrival and departure times, and sometimes the location from which they work.
Time Flexibility
The ability to adjust schedules, deadlines, or timelines to accommodate changes in demand, supply, or operational requirements, enhancing responsiveness and efficiency.
Manufacturing Capacity
The maximum output or production ability of a manufacturing facility, considering constraints like physical space, machinery, and labor hours available.
Inventory Costs
Expenses associated with holding or managing goods in stock, including storage, handling, and depreciation.
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