Matrix Structures Help Support Dual Focus-On Technical Expertise and Marketplace

question 38

True/False

Matrix structures help support dual focus-on technical expertise and marketplace responsiveness-but will only be successful in organizations that can manage ambiguity, tension and conflict effectively.

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Definitions:

Solvency

A company's ability to meet its long-term debts and financial obligations.

Liquidity

The ease with which an asset can be converted into cash without affecting its market price.

Net Income

The net income of a company once all costs and taxes are subtracted from its total revenues.

Solvency Measure

Financial metrics used to assess a company's ability to meet its long-term obligations and its financial stability.