Examlex
Concurrent engineering works much better with product line extensions or products that serve familiar markets than entirely new products.
Span of Control
Describes the number of subordinates that a manager or supervisor can effectively oversee, directly affecting management layers and organizational structure.
Matrix Departmentalization
An organizational structure that combines two or more types of departmentalization, often functional and product, to leverage the benefits of both.
Decentralization
The distribution of decision-making governance closer to the level of individual parts or locations within an organization, rather than concentrated at a central point of authority.
Senior Executives
Top-level managers or administrators in an organization responsible for making strategic decisions and overseeing the entire operation.
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