Examlex
Inheritance taxes are imposed only by the state governments.
Corrective Action
Measures taken to fix a problem or nonconformity and to prevent its recurrence.
Controls
Mechanisms or regulations put in place to guide actions or processes towards desired outcomes in an organization.
Flexibility and Creativity
Flexibility and creativity are qualities that allow individuals or organizations to adapt to change and generate innovative solutions to problems.
Hierarchical Division
The breaking down of an organizational structure into levels of hierarchy, where tasks and responsibilities are clearly delineated by rank.
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