Recursion is sometimes referred to in management science as the process of iterating through levels of abstraction in large business entities. A common example is the recursive nature of management hierarchies, ranging from line management to senior management via middle management. It also encompasses the larger issue of capital structure in corporate governance.
Recursion is sometimes referred to in management science as the process of iterating through levels of abstraction in large business entities. A common example is the recursive nature of management hierarchies, ranging from line management to senior management via middle management. It also encompasses the larger issue of capital structure in corporate governance.