Provides Checks and Balances and a Fast Response Upon Problem

question 33

Multiple Choice

provides checks and balances and a fast response upon problem identification because it has both a horizontal (project) and a vertical (functional) path for the flow of information.

• A)An autonomous project organisational structure
• B)A functional organisational structure
• C)A matrix organisational structure
• D)A project management office

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Definitions:

Excess Capacity

A situation where a firm's facilities can produce more than is necessary to meet the demand, often leading to underused resources.

Profit-Maximizing

The process or strategy by which a firm determines the price and output level that returns the greatest profit.

Profit-Maximizing Quantity

The production level where a company reaches its maximum profitability.

Consensus

is a group decision-making process where discussions continue until all members agree on a particular solution or decision, highlighting collaboration and collective agreement.