Which of the Following Is an Advantage of Departmentalizing by Matrix

question 71

Multiple Choice

Which of the following is an advantage of departmentalizing by matrix?

• A) It clarifies the power structure within the firm.
• B) It helps employees prioritize responsibilities.
• C) It facilitates coordination across projects.
• D) It allows firms to achieve unity of command.
• E) It allows firms to pool human resources for short-term and long-term projects.

---

Definitions:

Price

The expenditure foreseen, necessary, or allocated in trading for something.

Socially-Optimal Quantity

The level of production that maximizes societal welfare, considering both the benefits and costs of production and consumption.

Market-Equilibrium

A condition where the supply and demand in the market equalize, leading to stable prices.

External Cost

A cost borne by individuals or society that is not reflected in the market price of a good or service, often associated with negative externalities.