Examlex
A strategic budget is a long-term financial plan used to coordinate the activities needed to achieve the long-term goals of the company.
Dissolution
The closing down or dismissal of an assembly, partnership, or official body, often referring to the legal termination of an organization’s existence.
Isomorphism
The process through which organizations in the same sector or field become increasingly similar in their structures, processes, and practices, often in response to regulatory, competitive, or cultural pressures.
Mimetic Isomorphism
A process by which organizations emulate others in their field or industry, often in response to uncertainty or to gain legitimacy.
Coercive
Relating to or involving force or compulsion, often used in the context of power or authority.
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