Examlex
Briefly describe the five basic forms of departmentalization.
Efficient
Pertaining to a system or process that operates in a way that maximizes output with minimal waste, effort, or expense.
Resources
Assets, materials, and inputs needed for the production of goods and services, including natural resources, human resources, and capital.
Society Wants
The collective desires and needs of a society or community.
Creative Destruction
An economic concept where innovation destroys old products, services, or processes to make way for new ones, driving economic development.
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