Examlex
A bond swap involves the simultaneous selling of one bond and buying another.
Horizontal Specialization
An organizational structure approach that focuses on dividing work and roles based on specialized functional activities or operations across the same hierarchical level.
Division of Labor
The allocation of different tasks or jobs to different people or groups, often to improve efficiency and productivity.
Economic Power
The ability of an entity, such as a country, company, or individual, to influence or control economic activities, markets, or resources, often translating into political or social power.
Learning Organization
An organization that actively encourages, facilitates, and values the continuous learning and development of its members, promoting adaptability and innovation.
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