Examlex
It is not necessary for managers to fully understand the causal relationship between their actions and the organization's overall performance to get results.
Operational
Pertains to the day-to-day activities and tasks necessary for running a business or organization, focusing on efficiency and effectiveness.
Top Supply Position
A strategic role or status achieved by being among the best suppliers in terms of reliability, quality, and competitiveness.
Supply Function
An economic principle describing the relationship between the price of a good and the quantity supplied, assuming other factors remain constant.
Organizational Goals
Objectives or targets set by an organization that guide its strategy, operations, and endeavors towards achievement.
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