Which of the Following Types of Organizations Would Likely Not

question 44

Multiple Choice

Which of the following types of organizations would likely not have a program manager?

• A) functional project organization
• B) pure project organization
• C) strong matrix project organization
• D) weak matrix organization
• E) All of the above would likely have program managers.

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Definitions:

Short-Run Economic Profit

The profit earned by a firm in the short term, potentially including both actual financial gains and opportunity costs.

Average Total Cost

The total cost of production divided by the quantity of output produced; a measure of per-unit cost.

Price

The amount of money required to purchase a good or service, determined by various factors including supply and demand.

Perfectly Competitive Industry

A market structure where many firms sell identical products, entry and exit are unobstructed, and all buyers and sellers have perfect information.