Examlex
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Competitive Advantage
A distinct characteristic or group of characteristics giving an organization the advantage over its competition.
Streamline
Simplifying procedures or methods to increase efficiency and reduce complexity or waste.
Divisional Structure
An organizational framework where operations are grouped based on distinct products, services, markets, or geographic locations.
Matrix Structure
An organizational structure that combines two or more types of structures, typically project-based and functional, to leverage the advantages of both.
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