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What are the problems encountered by using revenues as a proxy for output?
Employee Empowerment
The practice of giving employees the autonomy, resources, and capabilities to make decisions and contribute to the company's success.
Centralized Decision Making
A decision-making process where major decisions are made by a small group of people or a single person at the top of the organizational hierarchy.
Self Ownership
The concept that individuals own themselves and have autonomy over their own actions, choices, and bodies.
High Power Distance
A cultural dimension that describes a society’s acceptance of unequal distribution of power among its members, where hierarchy is emphasized.
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