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Reducing management layers,creating self-directed work teams,and emphasizing continuous improvement are all related to which aspect of internal environment?
Efficiency
The ability to accomplish a task or produce a desired outcome with minimum waste of time, effort, or resources.
Social Value Proposition
A business or organizational strategy that emphasizes creating and maximizing positive social impact alongside financial success.
Trickle-Down Economics
An economic theory that suggests benefits provided to the wealthy or large businesses will in turn benefit smaller businesses and consumers through improved economic activity.
Microfinance
Financial services, such as loans, savings, insurance, and training, provided to small business owners and entrepreneurs in developing countries who do not have access to traditional banking services.
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