Examlex
Which statement is incorrect?
Subsidiaries
Companies that are owned or controlled by another company, known as the parent company or holding company.
Divisional Structure
An organizational structure where operations are segmented based on projects, products, or geographic locations.
Functional Structure
An organizational structure that groups together employees who perform similar functions or tasks.
Modular Design
A system in which a process, product, or service is divided into components that can be changed independently and then reintegrated into the system.
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