Examlex
The Federal Reserve also functions as the "billionaires' bank."
Product
An item or service created through a process and offered for sale to satisfy consumer needs or wants.
Departmentalization
The process of dividing an organization into specialized units or departments to enhance efficiency and effectiveness in operations.
Functional
Designed to be practical and useful, focusing on what something can do or how it operates, often reflecting efficiency and effectiveness.
Corporate Culture
The shared values, beliefs, and practices that characterize an organization and influence its members' behavior.
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