Identify the main characteristics of a matrix form organization


If a firm produces a diverse range of products that sell in diverse geographic markets, a matrix form organization that treats each pair of product and geographic markets as a separate division is often considered to be superior. Problems in communication and the definition of managerial jurisdictions can reduce the benefits of the matrix form.

Economics

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If your income increases from $30,000 to $40,000 and your savings increases from $2,000 to $4,000 . your marginal propensity to save (MPS) is:

a. 0.2. b. 0.4. c. 0.5. d. 0.8. e. 1.0.

Economics

Identify the approach used by the Environmental Protection Agency (EPA) to enforce environmental standards

a. pollution taxes b. least-cost method c. compliance standards d. pollution rights

Economics

An increase in the price of the good measured on the vertical axis of a budget line diagram will

a. cause a parallel outward shift of the budget line b. leave the budget line unchanged c. cause a parallel inward shift of the budget line d. make the budget line flatter e. make the budget line steeper

Economics

Although highly unlikely in the real world, in a perfectly balanced oligopoly with eight firms, the market share of each firm is

a. 16.2 percent b. 14.0 percent c. 13.5 percent d. 12.5 percent e. 8.0 percent

Economics