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:

SLII

stands for Situational Leadership II, a leadership model that proposes the idea of adjusting leadership style based on the development level of followers.

Corporations

Large business entities recognized by law as a single body, with its own rights and obligations, separate from those of its members.

Low Directive

involves leadership styles that offer less guidance and control, allowing more autonomy and self-direction in team or individual activities.

Low Supportive

Describes a style or approach that provides minimal encouragement or assistance.