Examlex
People always follow the rational decision-making model.
Geographic Location
The specific physical position of something on the Earth's surface, determined by its latitude, longitude, and other factors.
Matrix Structure
An organizational structure that combines two or more types of organizational structures, most commonly functional and product-based divisions, aiming for greater flexibility in management.
Transnational Company
A multinational corporation that operates in multiple countries but adjusts its practices and products to local conditions.
Functional Structure
An organizational design that groups employees according to their specialized roles or functions within the company, aiming for operational efficiency.
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