Definition
Specialized functional area within an organization or a division, such as accounting, marketing, planning. Generally every department has its own manager and chain of command.
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Business Tips
Obtaining Loans for Small or New Businesses
When starting a company, consider an SBA-guaranteed loan. Under this program, the U.S. Small Business Administration (SBA) guarantees a portion of a loan, often up to 85 percent, and enables a small b ... Read more
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