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Explain the Concept of Span of Management,and Discuss the Factors

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Essay

Explain the concept of span of management,and discuss the factors that influence the appropriateness of the size of an individual's span of management.


Definitions:

Category Extension

The practice of expanding a brand or product line into new categories or markets, leveraging existing brand equity to introduce new offerings.

Co-branding

A partnership between two or more brands to create a product or service that leverages the strength of each brand's identity.

Line Extension

A strategy where a company expands its existing product line into new variations or flavors to meet different customer needs or to capture a wider market.

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