Examlex
The United States keeps large stockpiles of bauxite to ensure a supply of aluminum. This is an example of
Organization
A structured group of people who work together to achieve a particular goal or set of goals.
Succession Planning
The process of identifying and developing new leaders who can replace old leaders when they leave, retire or die.
Leadership Successor
An individual who has been identified or groomed to take over a leadership position in an organization, ensuring continuity in leadership.
Family Businesses
Enterprises owned and managed by members of one or more families, often inheriting leadership roles across generations.
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