Examlex
A major reason why attitudes derived from direct experience are so powerful is because:
Economies of Scale
Financial benefits gained by companies thanks to their large scale of operation, which typically leads to a reduction in the cost per unit of output as the scale increases.
Product Departmentation
A method of organizing a company based on the different products manufactured or services provided.
Functional Departmentation
The process of organizing a business into distinct departments, each responsible for a specific function or area, such as marketing or finance.
Centralized
The concentration of control, authority, or decision-making power within a singular or limited locale or organization hierarchy.
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