In a ____ Organization, Detailed and Accurate Planning and an Effective

question 38

Multiple Choice

In a ____ organization, detailed and accurate planning and an effective control system are required to assure optimum utilization of the project resources in successfully completing the project within budget.

• A) matrix
• B) functional
• C) operative
• D) project-type

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Definitions:

Automated Vending

The use of self-service machines that dispense products to consumers, operating without the need for human vendors.

Warehouse Club

A membership-based retail store offering a wide variety of merchandise, often in bulk and at discounted prices.

Ultra-Low Prices

Pricing strategy that involves setting the price of products or services at a very low level to attract customers.

Online Retailing

The selling of goods and services through the internet, allowing customers to shop from anywhere at any time.