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In 1 week, a work center produces 85 standard hours of work. The hours scheduled are 80. But 75 hours are actually worked. Calculate the utilization and efficiency of the work center.
Global Environment
The international context within which organizations operate, influenced by economic, social, technological, and political factors across borders.
Divisional Structure
A structure that organizes a company by units according to the products they make, the customer segments they serve, or the geographic location in which they operate.
Functional Structure
A structure that organizes a company into units identified by their functional roles, or what they do.
Meganational Companies
Companies that operate on a global scale, extending their products, operations, and marketing strategies across multiple countries.
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