Examlex
The qualities of search,experience,and credence make it easier for marketers to communicate the benefits of an intangible service than to communicate the benefits of tangible goods.
Lower Costs
The reduction of expenses in the production or procurement of goods or services, often to improve profitability.
High Flexibility
The capability to adapt quickly and effectively to new conditions, changes, or challenges.
Matrix Structure
An organizational structure that combines elements of both functional and project-based structures, facilitating resource sharing and functional expertise.
Horizontal Structure
An organizational layout that emphasizes teamwork and collaboration among departments or teams, with a minimal level of hierarchy.
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