Examlex
The central limit theorem equation translated into words is sigma square of the sample means (x-bar) on the left side of the equation equals sigma square of the parent population values (x) divided by n on the right side.
Managerial Competence
The combination of skills, knowledge, and ability that enables a manager to effectively perform their duties and lead their team or organization.
Social Standing
The perceived rank or status of an individual or group within a social hierarchy.
Max Weber
A German sociologist, philosopher, and political economist, known for his theory on the structuring of society and for his ideas on bureaucracy.
Henri Fayol
A French engineer and management theorist renowned for developing a general theory of business administration and identifying the five primary functions of management.
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