Advantages of the Matrix Structure Include

question 186

Multiple Choice

Advantages of the matrix structure include:

• A) it increases employee participation.
• B) it makes efficient use of human resources.
• C) it works well in a changing environment.
• D) it develops both general and specialist management skills.
• E) all of these.

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Definitions:

Long-Range Planning

The process of defining strategic goals and making decisions on allocating resources to pursue this strategy over an extended period, typically beyond one year.

Budget Period

The time frame for which a budget is planned and implemented, often one fiscal year.

One Month

A period of time extending roughly from a specific date in one calendar month to the corresponding date in the next calendar month.

One Year

A period consisting of 12 consecutive months or 365 days.