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Michael describes his organization as characterized by highly specialized jobs,homogeneous departments,narrow spans of control,and relatively centralized authority.Michael's organization reflects a(n) __________ design.
Startups
Newly established businesses, often in the technology sector, focusing on innovative products or services with a scalable business model.
Workplace Environment
The physical and psychological conditions under which employees work, including aspects such as culture, safety, and available resources, that can impact their performance and satisfaction.
C Corporation
A legal structure for a corporation where the owners or shareholders are taxed separately from the entity, distinguishing the company as an independent legal entity under U.S. federal income tax law.
Demise of Owners
The situation where the owner(s) of a business pass away, creating potential uncertainty or transition phases for the business operation and ownership.
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