Examlex
If a person willingly plays an unfair game that is NOT in his favor, he is risk loving.
Centralization
the concentration of decision-making authority and power at the top levels of an organization's hierarchy.
Competitive Advantage
An attribute that allows an organization to outperform its competitors, often leading to greater sales, margins, and retention of customers.
Focused Strategy
A business approach that targets a particular market niche or demographic with specialized products or services to gain competitive advantage.
Organization Design
Organization design is the process of structuring and arranging the components of a company to improve efficiency and effectiveness.
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