The major drawback of the matrix-type organization is that it:
a. can be used only for project work.
b. requires split loyalty.
c. decreases the efficiency of personnel use.
d. decreases the coordination in a project work.
b
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What is the contribution margin ratio? (Round any intermediate calculations and your final answer to two decimal places.)
Psari's, a company that sells fishing nets, provides the following information about its product:
A) 85.00%
B) 100%
C) 75.00%
D) 15.00%
The big problem a franchisor faces is
A. allowing franchisees to achieve scale economies. B. maintaining quality control due to a lack of commitment to consistency and standardization. C. eliminating the costs and risks associated with establishing a foreign business location. D. achieving higher product quality and better product performance than with an export strategy. E. sharing foreign facilities and marketing strategies with local businesses.
Cumulative preferred stocks are preferred stocks for which all passed (unpaid) dividends in arrears must be paid along with the current dividend prior to the payment of dividends to common stockholders
Indicate whether the statement is true or false
A bill of material contains the standard material quantities that are required to produce one unit of end product.
Answer the following statement true (T) or false (F)