Examlex
Which of these must effectively distribute capital between investors and companies?
Chain of Command
A system in an organization where authority and responsibility are structured in a hierarchy, establishing clear paths for decision-making and command.
Horizontal Specialization
Is a division of labor through the formation of work units or groups within an organization.
Hierarchical Division
The organization of entities or levels within a system that ranks one above the other based on authority or status.
Staff Units
Specialized groups within an organization that provide support and expertise but do not directly contribute to its main objectives.
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