Examlex
What is outsourcing? What is offshore production? Choose an industry (televisions,Nike shoes,etc.)and discuss the global division of labor.
Contingency
Contingency refers to a future event or circumstance that is possible but cannot be predicted with certainty, often implying the need for plans to address potential changes.
Scientific Management
A theory of management that analyzes and synthesizes workflows to improve economic efficiency, especially labor productivity.
Open Systems
Organizations or entities that interact dynamically with their environment, adapting and exchanging resources and information.
Functional
Pertaining to the practical or utilitarian use of something, often emphasizing how something works or operates within a system or organization.
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