Examlex
Open market operations are defined as:
Formal Rules
Explicit, written guidelines and regulations that govern behavior and processes in organizations and societies.
Rigid Hierarchy
A strict, inflexible organizational structure with clearly defined levels of authority and a top-down approach to management.
Mechanistic Systems
Organizational structures characterized by strict hierarchies, fixed duties, and a focus on efficiency and predictability.
Highly Specialized
Having a focus on a particular niche or area of expertise, often requiring advanced skills or knowledge.
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