Why Does a Matrix Organisation Enable Quicker and More Efficient

question 33

Multiple Choice

Why does a matrix organisation enable quicker and more efficient decision making?

• A) It is simple to administer.
• B) It is functional and divisional with both vertical and horizontal command chains.
• C) Managers and staff have strong interpersonal and communication skills.
• D) It is a complex and formal structure.

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Definitions:

Capital Structure

The particular combination of debt and equity that a company uses to finance its overall operations and growth.

Coupon Rate

The annual interest rate paid on a bond, expressed as a percentage of the face value.

Market Price

The current price at which an asset or service is bought or sold in the marketplace.

Capital Accounts

Financial records showing the ownership interests and funds contributed or withdrawn by owners or investors in a company.