A Firm Gives Significant Decision-Making Authority, and the Responsibility for Profits

question 51

Multiple Choice

A firm gives significant decision-making authority, and the responsibility for profits and losses, to two managers. It shares responsibility between a functional manager and a product manager. This arrangement is an example of a _________.

• A)hard triangle
• B)soft square
• C)matrix structure
• D)multidivisional form

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Definitions:

Highly Extraverted

Describes a person who is outgoing, highly social, and energized by interactions with other people.

Impulsive

Acting suddenly without thought or planning, often driven by immediate desires or emotions.

Biological Influences

Involves factors like genetics, brain chemistry, and physiological mechanisms that significantly impact an individual's behavior and mental processes.

Academic Psychologists

Professionals specialized in the study of mind and behavior who typically work in universities or research settings.