Examlex
Max Weber developed the concept of a bureaucracy to make organizations:
Specialized
Referring to a focus on a particular area or sector, often implying a high level of expertise or proficiency in that specific field.
Supply Chain
The network of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.
Net Profit Margin
A financial ratio indicating the percentage of revenue that remains as net profit after all expenses are deducted from total revenues.
Leverage
The use of various techniques or borrowed capital (debt) to increase the potential return of an investment.
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