Unlike a Matrix Structure, a Network Structure

question 55

Multiple Choice

Unlike a matrix structure, a network structure:

• A) is an informal organizational structure.
• B) is a combination of functional and divisional structure.
• C) is a formal organizational structure.
• D) is suitable for transnational organizations.

---

Definitions:

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers at various prices.

Market Wage Rate

The prevailing wage rate for a specific job in the labor market, determined by supply and demand for that type of work.

Marginal Product

The additional output that is produced as a result of adding one more unit of a specific input, while keeping other inputs constant.

Physical Productivity

A measure of the output produced (in terms of goods or services) per unit of input used (e.g., labor, raw materials) within a specific period of time.