In the Context of Organizational Models, Which of the Following

question 118

Multiple Choice

In the context of organizational models, which of the following statements is true of matrix organizations?

• A) They are less flexible than line-and-staff organizations.
• B) They create a lower level of motivation and satisfaction for employees than line organizations.
• C) They bring together specialists from different areas of the organization to work on individual projects on a temporary basis.
• D) They reduce conflict and stress among employees as they need to report to only one boss.

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Definitions:

U-Shaped

Describes the shape of certain graphs, such as average cost curves in economics, indicating a period of declining costs followed by increasing costs as output rises.

Short-Run Cost Curve

A graph showing the relationship between the cost of producing goods and the output level in the short term, when at least one input is fixed.

Lease Rate

The cost of renting a property, equipment, or other assets, typically expressed as a monetary payment per time period.

Implicit Marginal Costs

Costs that are not directly paid or quantified but affect the decision-making process, such as opportunity costs.