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What is the purpose of knowing "the economic way of thinking"?
Network Structure
An organizational design where entities are connected less hierarchically and more through a flexible arrangement of nodes, facilitating information flow and collaboration.
Global Competition
The scenario where businesses compete across national borders in various markets, driven by increasingly interconnected world economies.
Organizational Design
The process of shaping an organization's structure and roles to align with its objectives, strategy, and environment.
Functional Structure
An organizational design that groups employees based on their specialized roles or functions, enhancing efficiency and expertise.
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