When an Organization Assigns Specialists to Groups According to the Projects

question 128

Multiple Choice

When an organization assigns specialists to groups according to the projects they are working on, this is called a ________.

• A) matrix structure
• B) product structure
• C) functional structure
• D) divisional structure

Comprehend the impact of product life cycle and competitive landscape changes on supply chain strategy.

Grasp the implications of supply chain responsiveness to demand and supply uncertainties.

Identify the components of the value chain and their roles in achieving strategic fit.

Define concepts of intrafunctional and intercompany scope in supply chains.

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Definitions:

Target Profit

The desired level of profit that a business plans to achieve within a specific period.

Contribution Format

A format for income statements where all variable expenses are subtracted from sales to calculate contribution margin, which then has fixed expenses subtracted to determine net operating income.

Income Statement

A financial report that shows a company's financial performance over a specific period, including revenues, expenses, and profit or loss.

Contribution Margin Ratio

The percentage of sales revenue that exceeds variable costs, indicating how much of each sales dollar is available to cover fixed costs and generate profit.