Examlex
When a company uses peak pricing they are charging the highest or "peak" prices the public will be willing to pay during periods of low demand.
Self-Organisation
Self-organisation is the ability of a system, particularly in complex systems, to structure itself and adapt to changes without external control.
Bureaucratic Features
Characteristics or aspects that define the structured and hierarchical nature of formal organizations.
Employee Participation
The involvement of employees in decision-making processes and aspects of organizational life beyond their immediate job roles.
Empowerment
The process of giving individuals or groups more control, authority, and influence over their work and the decision-making process, leading to increased motivation and engagement.
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