cor·poc·ra·cy (kôr-pŏkʹrə-sē) n. pl. cor·poc·ra·cies
1. Corporate bureaucracy.
2. A company characterized by top-heavy, isolated, risk-averse management, excess paperwork, low productivity, poor interdepartmental communication, and lack of imagination, especially in product development and marketing.
  [corporate + bureaucracy.]   corʹpo·cratʹic (-pə-krătʹĭk) adj.

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Universalium. 2010.

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