Examlex
As organizations grew, the use of Fayol's principles led to rigid organizations that didn't always respond quickly to consumer requests.
Required By Law
Mandated actions or procedures as stipulated by legislation or legal statutes.
Compounded Annually
The process of calculating interest on both the initial principal and the accumulated interest from previous periods, applied once per year.
Compounded Semi-Annually
The process of calculating interest on a principal sum and its accumulated interest at two intervals within the year.
Effective Annual Rate
The interest rate on a loan or financial product restated from a nominal rate to an annual rate, taking compounding into account.
Q8: Mass production techniques allowed firms to respond
Q42: _ is a computer application that enables
Q111: Organization theorists emerged during the era of
Q139: Manufacturers use CAM computer aided manufacturing)to create
Q270: When employees are self-managed,a company can implement
Q271: As the span of control widens,there is
Q272: Managers must lead by doing,not just by
Q275: The traditional technique used to departmentalize an
Q303: If a particular function is one of
Q317: Organizational culture can produce either a positive