The Matrix Structure,with Its Inherent Complexity,may Decrease the Reaction Time

question 51

True/False

The matrix structure,with its inherent complexity,may decrease the reaction time of a company---a potential advantage when competitive conditions require quick responses.

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Definitions:

Liquidated Damages

A pre-determined amount of money agreed upon in a contract, paid as compensation for failure to perform certain obligations by the stipulated deadline.

Earthquake

A sudden and violent shaking of the ground, sometimes causing great destruction, as a result of movements within the earth's crust or volcanic action.

Prohibitively Expensive

Costs that are so high they discourage or prevent an individual or entity from purchasing a service or product or undertaking an action.

Impossibility of Performance

A legal doctrine that releases parties from their contractual obligations when an event occurs that makes performance objectively impossible.