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Discuss the Benefits of Global Trade and Its Impact on Economic

question 132

Essay

Discuss the benefits of global trade and its impact on economic development.


Definitions:

Matrix Departmentation

A complex organizational structure that combines two or more types of departmentalization, often project and functional lines, to leverage the benefits of both.

Hybrid Departmentation

A structure based on some mixture of functional, product, geographic, or customer departmentation.

Functional Departmentation

The process of organizing an organization's structure into departments based on specific functions or tasks, such as marketing, finance, operations, etc.

Product Departmentation

An organizational structure where departments are created based on the products or product lines they manage or produce.

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