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:

Assets

Economic resources owned or controlled by an individual, company, or entity, expected to provide future benefits.

Liabilities

Financial obligations or debts owed by a business to external parties or creditors.

Owner's Capital

The amount of money and other assets invested into a business by its owner or owners.

Owner's Drawings

Money removed by a sole proprietorship or partnership owner from the company for their private use.