Examlex
Which form of departmentalization tends to have a very flat hierarchy,little formalization,and organizes employees around work processes?
Best Practice
A methodology or strategy recognized widely as surpassing all other options due to its ability to yield superior outcomes compared to other approaches.
Benchmarking Partner
An entity against which a company measures its processes, practices, or performance for improvement.
Same Type Of Business
Companies or enterprises that operate in the same industry or sector, often offering similar products or services.
Balanced Scorecard
A strategic planning and management system that uses a broad range of financial and non-financial metrics to assess an organization's performance.
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