Explain the Different Lookup Functions in Excel

question 1

Essay

Explain the different Lookup functions in Excel.

Explain the difference between tight and loose cultures.

Grasp the impact of Hofstede's cultural dimensions on international management.

Comprehend the role of cultural intelligence and intercultural competencies in global management.

Understand the motivations and effects of globalization on international business.

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Definitions:

Divisionalized Form

This organizational structure divides an entity into semi-autonomous units or divisions, each responsible for their own operations, products, or services.

Machine Bureaucracy

A type of organizational structure characterized by a high degree of standardization and formalization, clear hierarchical levels of authority, and a focus on rules and regulations for management and control.

Span of Control

The number of subordinates directly supervised by a manager, indicating the breadth of management's control.

Hierarchy of Authority

A structured order of positions within an organization, where each level has specific powers and responsibilities over the levels below.