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The Board of Governors sets reserve requirements.
Higher-Level Order
Higher-level order typically involves more complex thinking, reasoning, or organizational structures that go beyond basic or immediate considerations.
Lower-Level Interactions
Basic or simple forms of communication and engagement between individuals or groups, often routine or procedural.
Complexity Leadership Theory
A framework that views leadership effectiveness in the context of adapting to and navigating complex, dynamic organizational environments.
Bureaucracy
An organizational structure characterized by hierarchical authority, rigid division of labor, and strict adherence to rules and procedures.
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