A typical matrix organizational structure:
A. groups employees in two ways simultaneously to maximize the rate at which different kinds of products can be developed.
B. breaks up a company’s growing product line into smaller, more manageable subunits.
C. groups people according to their common expertise and experience or because they use the same resources.
D. is a way of grouping employees into separate customer groups so that each group can focus on satisfying the needs of a particular customer group.
E. is a way of grouping employees to best satisfy the needs of customers within different regions.
Answer: A
You might also like to view...
________ is a decision process in which marketing managers determine the strategies that will help the firm meet its long-term objectives and then execute those strategies using the tools they have at their disposal
A) Total Quality Management B) Sustainability C) Return on investment D) Marketing E) The open source model
The ability to see organizations as systems is called:
A) systems thinking. B) analytical thinking. C) organizational analytics. D) algorithmic analysis. E) system decomposition.
You are hosting a reception. The meal will cost $22 per person; entertainment will cost $1,500; facility rental is $750; invitations and decoration costs are $1,230; and other expenses amount to $930. a. Calculate the cost if 210 guests plan to attend. b. What is the cost per guest?
A firm has $50 million in equity and $20 million of debt, it pays dividends of 30% of net income, and has a net income of $10 million. What is the firm's internal growth rate?
A) 9% B) 10% C) 11% D) 12%