Describe the Matrix Structure

question 95

Essay

Describe the matrix structure. What are the key reasons for a company to use a matrix structure? What are the disadvantages of a matrix structure?

---

Definitions:

Doubled

Increased by 100 percent; made twice as large or numerous.

Quadrupled

Quadrupled in amount or worth.

Trade Deficit

A situation that occurs when a country imports more goods and services than it exports, resulting in a negative balance of trade.

Billions

A numerical value equal to one thousand million (1,000,000,000) in the short scale used by most English-speaking countries.