Examlex
Diagonal communication
Outsourcing
The business practice of hiring a third party to perform services, handle operations or provide goods that are either cost-prohibitive or not within the core competencies of the original company.
Employee Empowerment
The practice of giving employees autonomy, authority, and responsibility to make decisions regarding their specific organizational tasks.
Restructuring
The process of organizing a company, operation, or structure in a new way to increase efficiency or improve performance, which often includes changes in business model, operations, or strategy.
Maslow
Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory in psychology that prioritizes human needs in a pyramid.
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