Which of the Following Statements Is True of a Matrix

question 31

Multiple Choice

Which of the following statements is true of a matrix organisation?

• A) Matrix structures are usually used when tasks are standardised and specialisation of staff is required.
• B) Unity of command is a fundamental design principle for matrix structures.
• C) Cross- functional teams are formed and then re- formed according to the project needs of the organisation.
• D) Matrix organisations are also known as multidivisional structures.

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Definitions:

Financial Break-even

The point at which total revenues exactly cover total costs, resulting in no profit or loss.

Net Present Value

A financial metric that calculates the present value of all future cash flows (positive and negative) expected from an investment, discounted back to the present.

Single Variable

A single variable refers to an isolated factor in an experiment or equation, allowing for analysis or manipulation to understand its effects.

Sensitivity Analysis

A financial model analysis technique that determines how different values of an independent variable affect a particular dependent variable under a given set of assumptions.