The Matrix Form of Organizational Structure

question 79

Multiple Choice

The matrix form of organizational structure

• A)involves dual reporting relationships.
• B)follows the unity-of-command principle.
• C)groups all functions into a single division.
• D)has the disadvantage of low flexibility.
• E)employs a single line of command.

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Definitions:

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than others, leading to more efficient trade possibilities.

Labor-Intensive

Characterized by a high proportion of labor relative to capital in the production process.

Labor-Abundant

Describes economies or regions with a large workforce relative to the capital or land available.

Factor Endowments

Refers to the quantities of productive resources a country has available, including labor, land, and capital.