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Deepak is a Director of HR.He is restructuring the organization from a top-down,centralized management approach with many levels of management to a decentralized management approach with fewer levels of management and more broadly defined jobs.Deepak is planning to move the structure from a ________ organization to a ________ organization.
Observable Trend
A noticeable movement or direction in data over a period of time that can be analyzed and used for forecasting.
Seasonality
The tendency of certain businesses or economic activities to fluctuate during specific times of the year due to changes in weather, holidays, or other recurring events.
Holt's Model
A forecasting technique that extends exponential smoothing to capture both trend and seasonality in historical data for future prediction.
Level Component
A part or element that does not change or vary within a certain framework or system, maintaining a consistent state or position.
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