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Sometimes Empowerment Is Difficult to Implement Because Managers Perceive They

question 23

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Sometimes empowerment is difficult to implement because managers perceive they are giving up power by decentralizing decision making.


Definitions:

Planning Fallacy

The tendency for individuals or organizations to underestimate the time, costs, and risks of future actions and overestimate the benefits.

Behavioral Economics

A field of economic research that examines how psychological, social, cognitive, and emotional factors affect economic decisions of individuals and institutions.

Brain Modularity

The concept that the human brain is composed of specialized modules or regions, each responsible for different functions or processes.

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