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Working in groups and teams has both advantages and disadvantages.One disadvantage is 'risk-shifting',a process where
Planning and Control
Processes used by management to establish objectives, execute plans to meet those objectives, and monitor progress.
Responsibility Accounting
An accounting system that collects, summarizes, and reports financial information about different areas of responsibility within an organization.
Responsibility Centers
Divisions or units within an organization for which managers are accountable for certain activities or financial outcomes.
Management by Exception
A management strategy where only significant deviations from expected outcomes are addressed, focusing leaders' attention on the most important issues.
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