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| Topic: |
Business
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| Number of pages / Number of words: |
44 / 12077 |
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Each business line has budgets and profits targets, and is required to produce targeted return on assets while operating to maximize the company's performance as a whole. The new structure is supported by a corporate center that includes a shared service division to provide information technology, human resources, financial services and other support functions to each of the business segments...
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The new structure also has a mixture of profit centers for the business sectors, an investment center for Qantas investment, and a cost center for the corporate center. According to Qantas's CEO, Geoff Dixon, a focus on accountability, collaboration and leadership is crucial for the success of restructuring...
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