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Determine the factors of Large organisations
- Greater efficiency and productivity achieves economies of scale
- Easier to manage, organise and control workers through hierarchy, specialisation and rules/procedures
- Less reliance on key personnel
- Coordination and control complex and costly
- Remove initiative/workers lose control
- Boredom, frustration and de-motivation of workers e.g. feel like a small cog in a large machine.
Credit enhancement is a key part of the securitization transaction in structured finance, and is important for credit rating agencies. Credit enhancem
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how is financial management relevant to profit and loss?
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