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Explain the Difference Between Flat and Tall Organizations

question 15

Essay

Explain the difference between flat and tall organizations.


Definitions:

Collect Bills

The action of requesting and receiving payment for goods or services rendered, often by companies or creditors.

Lockbox

An address, usually a commercial bank, at which a company receives payments in order to speed collections from customers.

Cash Collection

The process of receiving and managing payments from customers or clients, typically in the form of money.

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