Which of the Following Statements About a Matrix Organization Is

question 49

Multiple Choice

Which of the following statements about a matrix organization is true?

• A)Information needs are managed more easily.
• B)Matrix organizations violate the unity of command principle.
• C)Resources are used efficiently.
• D)Decision making is decentralized.
• E)All of the above statements are true.

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Definitions:

Estimated Cost

A projection or approximation of the cost associated with a particular project, product, or activity.

Cash Payback Period

The time it takes for an investment to generate enough cash flow to recoup the initial outlay.

Net Cash Flows

The difference between the cash inflows and outflows in a company during a specific period, reflecting the company’s overall liquidity position.

Estimated Cost

An approximation of the cost to complete a project, task, or transaction, made in the absence of full information.