Examlex
Which statement accurately characterizes informal appraisals?
Founder Syndrome
A phenomenon where organizations or businesses experience challenges stemming from the continuing dominance of the founder(s), potentially stifling growth, adaptation, or change.
Federation
An organization or group within which smaller divisions or parties agree to some central authority or governance.
Strategic Alliance
A formal agreement between two or more parties to pursue a set of agreed-upon objectives while remaining independent organizations.
Single Corporation
An individual corporate entity, usually distinguished from a conglomerate or holding company owning multiple subsidiaries.
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