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The line of authority that vertically links each position,such as the sales representatives reporting to the sales manager and the sales manager reporting to the chief executive officer,with successively higher levels of management is the __________.
Coal Deposits
Natural accumulations of coal, which is a combustible black or brownish-black sedimentary rock used primarily for electricity generation and steel production.
Political Economy
An interdisciplinary branch that studies the relationships between individuals, governments, and public policy, focusing on the economic implications of political actions.
Adam Smith
A Scottish economist, philosopher, and author known for his theories on free market economics presented in his book "The Wealth of Nations."
Invisible Hand
A metaphor introduced by economist Adam Smith to describe the self-regulating behavior of the marketplace, where individuals acting in their own self-interest inadvertently benefit society at large.
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