Examlex
Which of the following problems with the euro most likely worsened the financial crisis in Greece?
Formalization
The degree of adherence to structured policies, procedures, and guidelines within an organization, contributing to consistency and predictability of actions.
Self-Directed Teams
Are groups of employees who manage their workload and operations more independently than traditional work teams, often with a high degree of autonomy.
Divisionalized Structures
Divisionalized structures are organizational frameworks where the company is divided into distinct units, each with its own set of functions and responsibilities, aimed at addressing specific operational needs.
Functional Structures
An organizational design that groups employees based on their roles or functions, enhancing specialization and efficiency.
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