Examlex
The holder of a negotiable instrument has the same rights as the holder of an ordinary nonnegotiable contract.
Two Bosses
A situation in a matrix organization where an employee is answerable to two supervisors, each with their own set of expectations and tasks.
Network Structure
A flexible organizational design characterized by interconnected nodes of teams or individuals, facilitating adaptability and information exchange.
Core Competencies
The essential capabilities and strengths that give an organization or individual a competitive advantage.
Divisional Organizational Structure
Is an organizational form in which the company is divided into semi-autonomous units, each focusing on a specific product line or geographic area.
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