Examlex
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Functional Structures
An organizational format that divides the company based on specialized functional areas, such as marketing, finance, and engineering.
Flexibility
The ability to adapt to changes, challenges, or new circumstances quickly and efficiently in both personal and professional contexts.
Functional Organizational Structure
A type of organizational structure where the company is divided into departments based on their function within the organization.
Span of Control
The number of subordinates directly managed or supervised by an individual in an organizational hierarchy.
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