Examlex
The probability heuristics model proposes that everyday reasoning is not based on probability but rather on logic.
Product Characteristics
Features that define and distinguish a product, including quality, functionality, design, and brand specifics.
Scientific Management
A theory of management that analyzes and synthesizes workflows, aiming to improve economic efficiency, especially labor productivity.
Deming
Refers to W. Edwards Deming, an engineer, statistician, and management consultant known for his work in quality management and productivity improvement.
Autocratic Organizations
Organizations characterized by centralized decision-making, where control is exercised by a single leader, leading to quicker decision-making but potentially lower employee morale.
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