Scenario - Javier Gomez

question 9

Multiple Choice

Scenario - Javier Gomez
Javier is a veteran manager with Pixel International, Inc. (PII) . Recently PII purchased a small business in the printing industry. Javier has been assigned the task of managing this new acquisition and is currently deciding how best to design its structure. Currently, employees are assigned to one of three departments, including sales, production, and legal defense.
-If Javier organizes with a horizontal matrix structure, some potential advantages that he could anticipate include all of the following, EXCEPT:

• A) a more efficient use of resources.
• B) greater flexibility and adaptability to a changing environment.
• C) development of both general and specialist management skills.
• D) decreased need for coordination among managers.
• E) all of these are potential advantages.

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Definitions:

Least Squares

A mathematical method used to find the best-fitting curve to a given set of points by minimizing the sum of the squares of the offsets ("the residuals") of the points from the curve.

Cost Estimation

The process of forecasting the costs associated with a project or production process before it begins.

Regression Analysis

Regression analysis is a statistical method used to examine the relationship between one dependent variable and one or more independent variables, predicting the former based on the latter.

Regression Analysis

A statistical method that investigates the relationship between a dependent variable and one or more independent variables to forecast outcomes or assess predictions.