Examlex
The major disadvantage of debt financing is the inability to deduct interest expenses for income tax purposes.
Cross-Functional
Pertaining to a process, project, or team that involves and utilizes the expertise of members from different departments or areas of discipline.
Hybrid Supply Structures
Supply chain models that incorporate a mix of in-house and outsourced activities to optimize efficiency and flexibility.
Decentralized
Refers to the distribution of functions, powers, people, or organizations away from a central location or authority.
Centralized
A system or structure where decision-making or operational activities are concentrated at a single point or location, typically in the context of organizational management.
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