Mike Kerr Is an Engineer Who Works for Lockheed Martin

question 132

Multiple Choice

Mike Kerr is an engineer who works for Lockheed Martin.He frequently is part of a team that is assigned to special projects.When he participates in these projects,he finds himself reporting to both the project manager and the manager in charge of his regular department.This type of arrangement suggests that Lockheed Martin is making use of which of the following?

• A)a matrix organization
• B)a decentralized staff organization
• C)a pure line-and-staff organization
• D)a multiple-line organization

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Definitions:

Financial Account

A component of a country's balance of payments that records transactions of foreign investment and domestic investments abroad.

Capital Account

A national account that shows the net change in asset ownership for a country, including transactions like foreign investments and loans.

Financial Account

A component of a country's balance of payments that records all transactions for investment in foreign assets and liabilities.

Current Account

Part of a country's balance of payments, including the trade balance, net income from abroad, and net current transfers, reflecting the difference between a nation's savings and its investment.