Examlex
Heuristics are "rules of thumb" that managers use to simplify decision-making.
Formal Authority
A form of power that is recognized and sanctioned by laws and regulations, and is given to individuals in specific roles or positions within a structured organization.
Legal
Pertaining to the law or the set of rules that are enforced through social institutions to govern behavior.
Dependents
Individuals who rely on another person, typically a family member, for financial support and are often considered for exemptions on income tax returns.
Insurance and Tax Purposes
Refers to the need for individuals and organizations to maintain financial records and policies for legal and fiscal responsibilities.
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