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​Wilber Started a Tech Business in His Garage

question 67

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​Wilber started a tech business in his garage. During the start-up, Wilber and all of the starting employees did any tasks needed. The company has now moved from Wilber's garage and into a building and employs 50 people. Wilber is now separating all of the organizational activities into distinct tasks and assigning different tasks to different people. Wilber is engaged in creating


Definitions:

Unregulated Capitalism

An economic system without governmental oversight, where the market is left to operate without any checks or controls, potentially leading to monopolies and exploitation.

Virtues

Moral qualities or attributes regarded as beneficial or indicative of good character, such as honesty, courage, kindness, and integrity.

Babies

Very young children, especially those under one year of age.

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