Examlex
Political risk is the probability that the value of a firm's investment in a foreign country will be reduced by political actions taken primarily, but not exclusively, by the country's government.
Organizational Structure
Organizational structure defines how tasks are divided, coordinated, and supervised within an organization, influencing the organization’s culture and mode of operation.
Departmentalized
Organized into distinct sections or departments, each focusing on a specific area of operation or function.
Product
An item or service created through a process and offered for sale to satisfy consumer needs or wants.
Departmentalization
The process of dividing an organization into specialized units or departments to enhance efficiency and effectiveness in operations.
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