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Katz and Kahn (1978) introduced two additional issues into Weberian bureaucracy: centralized decision-making and:
Stakeholder View
A perspective that values the interests and inputs of all parties involved or affected by an organization's activities.
Shareholder Model
A theory of corporate governance focusing on maximizing the value for shareholders, often at the expense of other stakeholders.
Ordovician Extinction
A major extinction event that happened about 445 million years ago, marked by significant loss in marine biodiversity, possibly due to climate change and falling sea levels.
Devonian Extinction
A series of global events leading to significant reductions in biodiversity at the close of the Devonian period around 359 million years ago.
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