The McKinsey 7S model is an organizational tool that assesses the well-being and future success of a company.
He looks at the organization’s seven internal factors as a means of determining whether a company has the structural backing to succeed.
The model includes a combination of hard elements, which are clearly defined and influenced by management, and soft elements, which are more diffuse and influenced by corporate culture.
Evaluation costs are the fees a company pays for discovering defects in its products before they are delivered to customers; they are a form of quality control.
The articles of association can be seen as a user manual for the company, defining its purpose and outlining the methodology for carrying out the necessary day-to-day tasks.
When a company or government agency buys or leases existing manufacturing facilities to launch new manufacturing activities, this is called an investment in existing facilities.
The Code of Ethics sets out the ethical principles of the organization and the best practices to be followed with respect to honesty, integrity and professionalism.