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Stockholders always have preemptive rights when new issues of stock are offered.
Automobile Assembly Line
A manufacturing process in which parts are added to an automobile as it moves from workstation to workstation, each step in the process is completed in a sequence until the vehicle is completed.
Continuous-Process
A manufacturing or production process that operates constantly, without interruption, to produce products or materials.
Organizational Design
The process of structuring an organization's roles, responsibilities, and systems in a way that aligns with its goals and strategy.
Bureaucratic Aspects
Elements or characteristics associated with bureaucracy, such as hierarchical structure, formal rules, and impersonal decision-making processes.
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