Identify the major advantages of matrix organizational design.

What will be an ideal response?


An organizational design that attempts to maximize the benefits and minimize the weakness of both the functional and product forms is known as a matrix design. The benefits from this structure include the efficient use of resources, flexibility in conditions of change and uncertainty, technical excellence, freeing top management for long-range planning, improving motivation and commitment, and providing good opportunities for personal development.

Business

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The ______ of the interview is where the interviewer gains a sense of fit, demeanor, skills, and motivation from the interviewee.

a. body b. opening c. transition d. closing

Business

Identify the ethical dangers posed by the Pygmalion Effect.

What will be an ideal response?

Business

Service delivery is shifting to arm's length transactions for many services due to advances in telecommunications

Indicate whether the statement is true or false

Business

If you bought a security at $10 a share and its price then rose to $30, you might wish to protect your profit by placing a stop-loss order at, say, $28 a share

Indicate whether the statement is true or false

Business