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In a worldwide product divisional structure, each division is a self-contained, largely autonomous entity with full responsibility for its own value creation activities.
Tension
A state of mental or emotional strain, often arising from situations of conflict or opposition within social contexts.
Conflict
A struggle or clash between opposing individuals, groups, ideas, or interests, which can take various forms such as social, political, or personal.
Karl Marx
A 19th-century philosopher, economist, and revolutionary socialist who developed the theory of Marxism, analyzing the effects of capitalism on labor, productivity, and economic development.
Max Weber
A German sociologist, philosopher, and political economist known for his theories on the process of rationalization and his studies of bureaucracy.
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