Which of the Following Is True of the Balanced Matrix

question 36

Multiple Choice

Which of the following is true of the balanced matrix option?

• A) The balanced matrix option is the most lightweight of the different types of matrix structures.
• B) The balanced matrix option extends projectization to its ultimate and is most useful for new-to-the-world products.
• C) In the balanced matrix option, both functional and project views are critical.
• D) In the balanced matrix option, team members are totally oriented to their functions or departments, and not to the project.

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Definitions:

Tax Cut

A reduction in the amount of taxes that individuals or corporations owe to the government.

Market Economy

An economic system where decisions regarding investment, production, and distribution are based on supply and demand, with little government intervention.

Market Equilibrium

A situation in which market supply equals market demand, so there is no incentive for price changes unless external conditions change.

Great Depression

A severe worldwide economic downturn during the 1930s, marked by prolonged unemployment, deflation, and significant declines in economic activity.