Examlex
Leasing a building due to less restrictive financing covenants is considered an example of leasing
to reduce uncertainty.
Secondary Bosses
Individuals in a workplace who have some degree of authority and responsibility for others but are not the primary supervisor.
Divisional Structure
An organizational framework where operations are grouped based on divisions, where each division operates as a semi-autonomous unit with its own management.
Meganational Business
Enterprises operating in multiple countries around the globe, leveraging size and presence to maintain competitive advantage and influence international markets.
Divisional Structure
An organizational layout in which the company is divided into semi-autonomous units or divisions, each responsible for a particular business area or market segment.
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