Examlex
The only real difference among the multitude of cost-plus pricing techniques is the relative sophistication of the costing procedures employed.
Decentralized
Refers to the distribution of decision-making powers away from a central authority, allowing for greater input and autonomy at the local or divisional levels.
Divisional Structures
An organizational framework where the entity is divided into semi-autonomous units or divisions, each responsible for a particular business function or geographic area.
Functional Specializations
The division of work into distinct areas, each with its own expertise and responsibilities, within an organization.
Functional Structures
An organizational design where departments are divided based on specific functions or roles, such as marketing, finance, and operations.
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