The Key to Successful Matrix Management Is Ensuring That Managers

question 38

Multiple Choice

The key to successful matrix management is ensuring that managers are able to:

• A)adopt a matrix design.
• B)adhere to matrix structure.
• C)maintain technical systems.
• D)resolve conflicts and achieve integration.
• E)preserve existing organizational culture.

---

Definitions:

Profit-Maximizing

The process or strategy of adjusting production and operations to generate the highest possible profit.

Total Profit

Total profit is the financial gain made by a business after subtracting all expenses from the total revenue generated from sales and other sources.

Market Share

The share of a market that a certain product or company holds.

Profit-Maximizing

A process that enables a business to identify the price and production level that results in the greatest profit.