The Practice of Applying Entrepreneurial Principles Within Traditional Corporations Is

question 26

Short Answer

The practice of applying entrepreneurial principles within traditional corporations is called ________.

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Definitions:

Direct Supervision

The act of overseeing employees' work directly, often with the supervisor physically present or in close proximity.

Functional Departmentation

Is grouping individuals by skill, knowledge, and action.

Grouping of Individuals

The organization or classification of people into groups based on shared characteristics, objectives, or interests.

Formalization

The extent to which an organization's procedures, policies, and rules are written and strictly followed.