Examlex
In an economy with ________,there are more prices than in an economy with ________.
Authority
The legitimized power or right to make decisions, direct others, and expect compliance within a specific realm.
Responsibility
An obligation or duty to perform or complete a task or role, usually with accountability for the outcome.
Hierarchy
A system or organization in which people or groups are ranked one above the other according to status or authority.
Organizational Subsystem
A division or unit within an organization that has its specific role and functions contributing to the overall objectives.
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