Examlex
Which of the following is an advantage of a functional type of organizational structure?
Technology
The use of scientific insights for practical applications, chiefly in the realm of industry.
Total Quality Management
A management approach focused on continuous improvement of processes, products, and services, involving all members of an organization.
Economic Order Quantity
A formula used in inventory management to determine the optimal order size that minimizes the total costs of holding and ordering stock.
Customer Relationship Management
A strategy for managing an organization's interactions with current and future customers, using data analysis about customers' history to improve business relationships.
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