A Matrix Structure Means a Firm Is Formally Organized by

question 51

Multiple Choice

A matrix structure means a firm is formally organized by

• A)executive committees.
• B)products, geography and functions simultaneously.
• C)products, functions and structure simultaneously.
• D)either a or c.

---

Definitions:

Over-time

Additional hours worked beyond the standard workweek, typically compensated at a higher pay rate.

SWOT Analysis

A strategic planning tool used to identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Weaknesses

Attributes or areas that require improvement to reach desired goals or to maintain competitiveness.

Strategy

A high-level plan or set of actions designed to achieve long-term or overall goals under conditions of uncertainty.