Examlex
The effects of OM policies over many months or years can be obtained by computer simulation in a short time. This phenomenon is referred to as
Corporate Culture
The shared values, attitudes, standards, and beliefs that characterize members of an organization and define its nature.
Business Environment
Refers to the external and internal factors that influence the operations and success of a company, including competition, economic trends, and regulations.
Line Organization
A direct and clear structure where authority flows vertically from the top management down to the lower levels.
Chain of Command
The official hierarchy within an organization that dictates the authority, responsibility, and communication flow among its members.
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