Jason works in a pharmaceutical company and reports to the VP of sales and marketing
Right now, he is working on an ad campaign for a new antidepressant the company has developed, so he also reports to the antidepressant product manager. Jason's company operates on a matrix structure.
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: A matrix structure combines the functional chain of command and the divisional chain of command so that there is a vertical command structure and a horizontal command structure.
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Social Security taxes apply to all earnings
Indicate whether the statement is true or false
If a company purchases $3,200 worth of inventory with terms of 2/10, n/30 on March 3 and pays April 2, then the amount paid to the seller would be
a. $3,136 b. $3,150 c. $3,168 d. $3,200
Floyd's Barbershop has fixed costs of $3,000 per month. Floyd regularly performs 400 haircuts a month and he does not anticipate this to change. Each haircut has a variable cost of $4.00. If Floyd would like to earn a target profit of $2,000, what does he need to charge for each haircut?
A) $12.50 B) $16.50 C) $11.50 D) $8.50
The right of an employer to fire an employee at any time regardless of reason is known as ____________________
Fill in the blank(s) with correct word