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Harry, a top manager of an organization, clearly differentiated the tasks and responsibilities of his employees. Moreover, he emphasized that top-level executives should do the planning and lower-level executives should execute those plans. Identify the management technique used by Harry.
Private Companies
Businesses owned by individuals or groups not traded on public stock exchanges, often characterized by private ownership and restrictions on share transfers.
Public Sector Failure
A situation where government interventions in the economy fail to allocate resources efficiently, leading to a loss of economic welfare.
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