A Global Matrix Structure Is an Organizational Structure That Divides

question 27

True/False

A global matrix structure is an organizational structure that divides worldwide operations according to a company's product areas.

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Definitions:

Performance Results

The outcomes or achievements resulting from the execution of specific actions, tasks, or activities.

Management by Objectives (MBO)

A strategic management model focusing on setting and agreeing to specific objectives between management and employees to improve organization performance.

Work Efforts

The measure of the amount of energy, time, and resources employees put into their tasks and roles at work.

Agreed-Upon Objectives

Goals or targets that have been mutually established and accepted by all parties involved in a project or operation.