Examlex
The NPV method determines how much the present value of cash inflows exceeds the present value of costs.
Functional Structure
A method of organizing a company where activities are grouped based on their function, leading to departments like marketing, finance, and HR.
Cross-functional Teams
Groups composed of members from different departments or areas of expertise working together towards a common goal.
Bureaucratic Control
Control accomplished through rules and routines.
Standardized Rules
Established and uniform procedures and criteria that apply to all relevant parties in a given context to ensure consistency and fairness.
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