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What is the future value (FV) of $10,000 in eight years,assuming the interest rate is 10% per year?
Unity of Command Principle
The principle that each employee should report to only one manager, to prevent confusion and conflict.
Principle of Motion Study
A technique that aims to improve efficiency by breaking down work into its fundamental motions and eliminating those that are unnecessary.
Organizations as Communities
The view that emphasizes the social aspects of organizations, where members share values, norms, and objectives, fostering a sense of belonging.
Integration of Interests
A negotiation strategy aimed at finding solutions that satisfy the interests of all parties involved, rather than focusing on fixed positions.
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