A Technology Firm Has Assigned a Project Manager for Each

question 51

Multiple Choice

A technology firm has assigned a project manager for each of the five new-product teams. The managers, as well as the project team members, work on the projects on a full-time basis. The structure being used is ________ organization.

• A) functional
• B) balanced matrix
• C) weak matrix
• D) strong matrix
• E) projectized

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Definitions:

Social Enterprise

Businesses that operate with the primary objective of addressing social problems, combining commercial strategies with the pursuit of social and environmental goals.

Joint Venture

A business arrangement where two or more parties agree to pool their resources for a specific task or venture, sharing both profits and risks.

Risks And Benefits

The potential negative and positive outcomes associated with any action or decision.

Principal Business Activities

The main commercial functions or operations that a company engages in to generate its revenues.