Examlex
The data processing method used by FedEx to track packages is an example of
Excess Plant Capacity
A situation where a company's production facilities have more production capabilities than currently needed for its level of production.
Stockholders' Approval
The formal consent given by shareholders, often required for significant company actions like mergers, acquisitions, or changes in corporate structure.
Organizational Structure
The way in which a company or organization is arranged, including its hierarchy, departmentalization, and roles.
External Auditor
An independent, outside auditor who examines a company's financial statements for accuracy and compliance with accounting standards.
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