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What is Oligarchic Management?
What is Oligarchic Management?
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Oligarchic management refers to the control of management of a business or company in the hands of few. Here the decision making is in the hands of a few people, hence there could be a possibility of misusing the powers. Oligarchies in which members of the ruling group are wealthy or exercise their power through their wealth are known as plutocracies.
Oligarchic management refers to the control of management of a business or company in the hands of few. Here the decision making is in the hands of a few people, hence there could be a possibility of misusing the powers. Oligarchies in which members of the ruling group are wealthy or exercise their power through their wealth are known as plutocracies.
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