An organizational structure is either centralized or decentralized. Organizations have traditionally been structured with centralized leadership and a defined chain of command. The military is an organization famous for its highly centralized structure with a long and specific hierarchy of superiors and subo...
analysts predicted.corporate culture(=the way the people in a big company think and behave)A company should trust its employees and have an open corporate culture.the corporate sector(=the area of business involving big companies)The UK corporate sector is highly competitive.the corporate world...
with insufficient management capacity, an expansion in size will bring additional costs and thus cast a negative effect on the performance; then at a later stage, as the firm grows in size and management capabilities improve, economies of scale start to appear when a certain level of size is ...
Thanks, Scott. I’ll pick it up with our fourth quarter and full year divisional performance. At Marmaxx, fourth quarter open-only comp store sales increased a very strong 10%. For November and December combined, Marmaxx comp sales increased low-teens. For the full year, Marmaxx delivered an...
We have a well-established risk management framework that combines a top-down strategic view of risks with a bottom-up divisional process. Our bottom-up divisional approach involves the identification, management and monitoring of the material risks in each of our divisions. Each division is ...
“A lot of energy was placed into the integration of Prodaplag last year,” Mr. Sanchez said. “By December, the integration of the company was completed. The results were very satisfactory, because we managed to keep all the Prodaplag customers, supplying them with the same products they...