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Essay

Medici Bank

Essay specific features

 

Issue:

Business

 

Written by:

Michele K

 

Date added:

November 10, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 937

 

Was viewed:

6995 times

 

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Essay content:

At the top were the partners, who functioned similar to a board of directors. Most partners were part of the Medici family. Below the partners was the central office, where general managers oversaw operations. The third level of the organization was the operating division. The three divisions interacted to some degree, but financially and structurally they were independent, answering only to the head of the firm...
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The three divisions interacted to some degree, but financially and structurally they were independent, answering only to the head of the firm. Cosimo maintained controls and coordination of the various subsidiaries through partnership agreements which clearly detailed the management of activities, functions and decision making ability of the managing partners...
displayed 300 characters

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