Examlex
Sound accounting practices mandate that the person who writes the checks cannot also sign the checks.
Downward Communication
A form of organizational communication that flows from higher levels of the organization to lower levels, typically used for giving instructions, providing feedback, or conveying decisions.
Horizontal Specialization
The division of work in an organization where tasks are divided among departments or teams based on expertise or functions, leading to specialization in certain areas.
Corporate Charter
A legal document that establishes a corporation, outlining its structure, purpose, and the rights and responsibilities of its members.
Mission Statement
A concise declaration of an organization's core purpose and focus that remains unchanged over time.
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