Examlex
________ is the approach by which firms move away from department-oriented organizations and toward process-oriented team structures.
HR Managers
Professionals responsible for overseeing all aspects of human resources practices and processes, including recruitment, training, performance management, and ensuring compliance with employment laws.
Chief Operating Officer (COO)
The executive responsible for managing the day-to-day administrative and operational functions of a company.
Functional Design
An approach to design that focuses on creating products, services, or systems based on their intended function.
Unrelated Diversification
Is used when a firm attempts to operate several unique businesses in different, unrelated markets. The basic logic behind unrelated diversification is that a company can shield itself from the adverse effects of business cycles, unexpected competition, and other economic fluctuations.
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