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Specialized management in a corporation refers to the practice of delegating specific functions or tasks to managers who possess specialized knowledge and expertise in those areas. This approach enhances efficiency and effectiveness by allowing experts to focus on their domains, such as finance, marketing, or operations. By leveraging specialized skills, corporations can improve decision-making, optimize resource allocation, and drive innovation. Ultimately, this structure supports better overall organizational performance and adaptability in a dynamic business environment.

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9mo ago

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