Definition

Share it:  Cite

More from this Section

  • Structured problem
    Structured problem is a straightforward, familiar, and easily defined problem. ...
  • Stakeholder activism
    Demands placed on the global firm by the foreign environments in which it operates principally ...
  • Coinsurance clause
    Coinsurance clause is a stipulation that a company must insure a minimum (usually 80 percent ...
  • Employee empowerment
    As organizations have become more flexible and responsive to environmental trends, there’s ...
  • Strategic flexibility
    Strategic flexibility refers the ability to recognize major external changes, to quickly ...