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Identify/define and explain the significance of the following: David Lloyd George.
Management Function
The organizational activities of planning, organizing, leading, and controlling to achieve goals efficiently and effectively.
Chain Of Command
The formal line of authority within an organization, defining who reports to whom, from the highest levels of leadership down to frontline employees.
Small Businesses
Enterprises or firms with limited revenue, employees, or resources, often characterized by independent ownership and operation.
Microbusinesses
Very small enterprises typically characterized by having fewer than 10 employees and operating with minimal capital investment.
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