Examlex
In a ____________, a headquarters is established in major geographical areas that works collaboratively with the product divisions to give the local units clearer operational goals and directions.
Functional Lines
Functional lines refer to the various departments or units within an organization, each with specific responsibilities and roles.
Functional Expertise
Refers to the specific knowledge and skills that enable an individual to excel in a particular job or industry.
Economies of Scale
Cost advantages that a business obtains due to expansion, where the average cost per unit of output decreases with the increase in scale of production.
Functional Organizations
A type of organizational structure that groups employees based on their specialized roles or functions.
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