Which of the Following Statements Best Defines a Matrix Departmentalization

question 50

Multiple Choice

Which of the following statements best defines a matrix departmentalization?

• A) Employees reporting to only one manager
• B) Permanent relationships between managers and employees
• C) Employees pulled out of assigned department for the purpose of a special project
• D) Managers aligning resources with company objectives
• E) Employees and managers working unilaterally

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Definitions:

Materialize

To become real or actual; in finance, it refers to the realization of expected results, risks, or events in tangible form.

Long-term Notes Payable

Liabilities or debts with a repayment period extending beyond one year, evidenced by a formal promissory note.

Floating Interest Rates

Interest rates that fluctuate over time based on the market or an index.