Examlex
If the population distribution is skewed,in most cases the sampling distribution of the sample mean can be approximated by the normal distribution if the samples contain at least 30 observations.
Decentralized Firms
Decentralized Firms are organizations that distribute decision-making powers and operational activities across various levels and departments rather than centralizing control in a single location or group.
Centralized Organizations
Organizations where decision-making authority is concentrated at the top levels of management.
Span of Management
The number of subordinates or direct reports that a manager or supervisor can effectively oversee, also known as span of control.
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