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The System of Governing an Organization So That the Interests

question 84

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The system of governing an organization so that the interests of corporate owners are protected refers to corporate governance.


Definitions:

M-form Organization

A type of business structure characterized by a divisional arrangement, where operations are grouped into semi-autonomous divisions.

Functional Organization

An organizational structure where the company is divided into departments or teams based on functions such as marketing, finance, or production.

N-form Organization

A network structure for organizing a company, emphasizing horizontal communication and collaboration across diverse units.

M-form Organization

A type of organizational structure where a firm is divided into multiple, semi-autonomous units or divisions, each with its own profit responsibility.

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