Examlex
Identify the true statement about automatic processes.
Organization Design
The process of shaping an organization's structure and roles to align with its business strategies, goals, and environment.
Functional Organization
A type of organizational structure where the company is divided into departments based on functions such as marketing, finance, and operations.
Narrow Product Line
A business strategy focusing on a limited selection of products or services to specialize and cater to a specific segment of the market.
Low-cost Strategy
A business approach aimed at gaining competitive advantage by offering products or services at lower prices than competitors.
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