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When Management Structures the Organization, It Clarifies Who Gets to Make

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When management structures the organization, it clarifies who gets to make decisions, how many people report to one manager, and how many different departments the company needs in order to operate effectively.


Definitions:

Histogram

A graphical representation of the distribution of numerical data, using bars of different heights to show the frequency of data intervals.

Bimodal

Describes a distribution having two distinct peaks or modes, indicating the presence of two dominant groups or values within the dataset.

Coefficient Of Variation

A uniform metric for assessing the spread of a probability distribution or frequency distribution, determined by dividing the standard deviation by the mean.

Coefficients Of Skewness

Measures used to quantify the degree of asymmetry of a distribution around its mean, indicating whether a distribution tails off more to one side or the other.

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