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Legislators Created a Form of Business Called Corporations to Encourage

question 35

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Legislators created a form of business called corporations to encourage people to engage in business activities.


Definitions:

Shadow Organisation

The informal network within a company, shaping its culture and operations outside the formal organizational structure.

Working Relationships

The interactions and communications that occur between colleagues within a workplace environment.

Divisional Structure

An organizational structure composed of separate business units or divisions with their own functions and responsibilities that report to a central executive.

Matrix Structure

A matrix structure combines functional and divisional approaches to emphasise project or program teams.

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