Final answer:
The concept of oligarchy suggests that all large organizations tend to become bureaucracies ruled by a few elites, but it is not true for all organizations. Large organizations can still maintain a collaborative environment.
Step-by-step explanation:
The concept of oligarchy suggests that all large organizations, including democratic ones, tend to develop into bureaucracies ruled by an elite few. Michels (1911) proposed the Iron Rule of Oligarchy, which states that an entire organization is ruled by a few elites. While this may hold some truth, it is not necessarily true for all organizations. Large organizations can still maintain a collaborative environment by implementing strategies such as participatory decision-making, open communication, and employee empowerment.