The Major Drawback of the Matrix-Type Organization Is That It

question 10

Multiple Choice

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.

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Definitions:

Credit Check

An evaluation of an individual's or company's creditworthiness, often conducted by lenders before loan approval.

Financial Report

A formal record of the financial activities and position of a business, person, or other entity, often presented annually or quarterly.

Cost Reimbursable Contracts

A type of contract where the contractor is paid for all of its allowed expenses to a set limit plus additional payment to allow for a profit.

Cost Reimbursable Contract

A type of contract where the seller is paid for all incurred costs plus a fee representing profit.