Examlex
Matrix organizations violate the unity of command principle.
Hybrid Strategy
A strategy in business that incorporates aspects of various tactics, like being the cost leader and offering unique products or services, in order to gain an edge over competitors.
Order Costs
Expenses associated with placing and receiving orders, often including shipping, handling, and procurement expenses.
Retailer
A business entity that sells goods to consumers for personal or household use, varying from small shops to large chain stores.
Hybrid Strategy
A competitive strategy that combines elements of both cost leadership and differentiation to create a unique market position and appeal to a broad range of customers.
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