Examlex
Outline Peters and Waterman's eight characteristics of excellent companies.
Active Approach
A strategy or method that involves direct engagement and proactive measures in addressing issues or tasks.
Passive Approach
A strategy or method where actions and decisions are reactive rather than proactive, often characterized by minimal or no intervention.
Government Act
A piece of legislation that has been passed by a legislative body, such as a parliament or congress, and formally enacted into law.
Phillips Curve
A theoretical inverse relationship between rates of unemployment and corresponding rates of inflation, suggesting that inflation rises as unemployment falls, and vice versa.
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