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An increase in the supply of capital, which is a substitute to labor, will lead to a decrease in the demand for labor.
Organizational Subsystems
Divisions or units within an organization that have specific roles or functions, contributing to the overall system's efficiency.
Open-System Model
A conceptual framework used in business and organizational studies that views an entity as an open system interacting dynamically with its environment.
Shared Values
Fundamental beliefs or principles that are collectively agreed upon by members of an organization or community and guide their behavior.
Organization Culture
The shared values, beliefs, and norms that influence the way employees behave within an organization.
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