Examlex
Any communication that flows between managers and employees is downward communication.
Organizational Architecture
The structure of an organization. Consists of the assignment of decision rights within the organization, the methods of rewarding individuals, and the systems to evaluate the performance of both individuals and business units.
Product Redesign
The process of changing or updating a product’s features, performance, or aesthetics to meet new market demands or improve efficiency.
Just-In-Time
A production strategy aimed at reducing times within the production system as well as response times from suppliers and to customers.
Demand Pull
An economic condition where an increase in demand for goods and services leads to higher prices and production.
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