Examlex
Relationship marketing is a strategy that focuses on forging long-term partnerships with customers.
Economic Conditions
Refer to the prevailing state of the economy in a specific area or globally, encompassing factors like unemployment rates, inflation levels, and growth indicators.
Environmental Uncertainty
The unpredictability in an organization’s external environment, making decision-making complex and potentially risky.
Adhocracies
Organizational structures that are flexible, adaptable, and lacking in formal hierarchy, often used to solve complex and changing problems.
Bureaucracies
Organizational structures characterized by a hierarchy of authority, a clear division of labor, explicit rules, and impersonality.
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