Examlex
You draw a card at random from a standard deck of 52 cards.Find the probability that the card is a spade given that it is not a diamond.
Formal Hierarchy
An organizational structure where individuals are ranked according to levels of authority and responsibility, often visually represented as a pyramid.
External Environment
The outside factors and influences that affect the operation and performance of an organization.
Centralize
Refers to the process of concentrating decision-making authority and control at the top levels of an organization.
Tall Hierarchies
Organizational structures with multiple levels of management and authority, sometimes leading to slower decision-making processes.
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