What is the most essential feature of a matrix organization?
What will be an ideal response?
Overlapping and dual authority.
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What function does a company's public relations department perform when it promotes understanding of the organization through internal and external communications?
A) lobbying B) corporate communications C) press relations D) product publicity E) counseling
GCHQ is company that manufactures hardware, headquartered in London, UK. The company strives to be simultaneously both centralized and decentralized. So its goal is to achieve global efficiency while maintaining local market responsiveness. Which approach is the organization following?
A) region-country focus B) global focus C) transnational focus D) state focus
A $140 petty cash fund has cash of $18 and receipts of $120. The journal entry to replenish the account would include a credit to
A) Cash for $120. B) Cash Over and Short for $2. C) Petty Cash for $122. D) Cash for $122.
When a new partner purchases the entire interest of an old partner, the new partner's capital account should be credited for the amount he or she paid to the old partner
Indicate whether the statement is true or false