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What Is a Matrix Organization? What Advantages and Disadvantages Are

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What is a matrix organization? What advantages and disadvantages are associated with this type of organization?


Definitions:

HRM

Stands for Human Resource Management, which involves managing people in organizations focusing on policies, systems, and practices.

HR Dashboard

A visual representation tool used in human resources to display key HR metrics and performance indicators in real time to aid decision-making.

HR

Human Resources, a department within organizations responsible for the management of employee-related functions like recruitment, training, and benefits.

HRM Audit

A comprehensive evaluation of the strategies, practices, and operations of a company's Human Resources department to identify strengths and areas for improvement.

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