Examlex
Explain the five-step process used to test the quality of a firm's strategy.
Worker Control
A form of workplace governance in which employees have a direct say in the management and operational decisions of the organization.
Decision-Making
The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.
Scientific Management
A management theory developed by Frederick Taylor aiming to improve economic efficiency and labor productivity through systematic study and analysis of workflow.
Mass Manufacturing
The production of large quantities of standardized products, often utilizing assembly line technology to achieve efficiency and cost-effectiveness.
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