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What Is the Horizontal Matrix Approach to Departmentalization and What

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What is the horizontal matrix approach to departmentalization and what are its main advantages?


Definitions:

Liability Insurance

Insurance covering loss caused by the negligence of oneself or one’s employees.

Retirement Income

The funds or revenue sources a person relies on after retiring from active employment or business.

Disability Insurance

A type of insurance that provides income in the event a worker is unable to perform their work and earn money due to a disability.

Insurance Corporation

A company that offers insurance policies to individuals or other entities, covering a range of risks.

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