Examlex
with a low share of high-growth markets that may require large cash injections of cash just to maintain market share are referred to as __________.
Departmentalization Scheme
The method an organization uses to segment its operations into specialized units or departments based on function, product, geography, or process.
Process Departmentalization
involves organizing a company's divisions or departments based on the production processes they perform, aiming to enhance efficiency and expertise in those processes.
Business Functions
The variety of activities carried out within a business organization to achieve its objectives, such as marketing, finance, operations, and human resources.
Democratic Leadership
Management approach whereby leaders delegate assignments, ask employees for suggestions, and encourage their participation.
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