You Are Interested in Explaining the Different Types of Organizational

question 37

Multiple Choice

You are interested in explaining the different types of organizational designs to students of basic management. These students need to know the advantages and disadvantages of each structure as well as the structure's characteristics.
-Which of the following statements is true regarding a matrix structure?

• A) It breaks the unity of command concept.
• B) It cannot achieve economies of scale.
• C) It reduces ambiguity about who reports to whom.
• D) It prevents power struggles.
• E) It avoids duplication of activities.

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Definitions:

Compounded Semi-annually

Interest calculation method where interest is added to the principal twice a year, allowing the interest to grow faster than simple interest.

Savings Plan

A systematic approach to setting aside funds to reach financial goals.

Investments

Funds committed into various financial instruments or assets with the expectation of generating income or profit.

Compounded Monthly

Interest that is calculated on the principal and the accumulated interest every month.