A Matrix Organization Is

question 38

Multiple Choice

A matrix organization is

• A)the same as a functional organization.
• B)the same as a product organization.
• C)a hybrid of the functional and divisional organizations.
• D)considered out-of-date compared to the organic organization.
• E)more easily managed than a product organization.

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Definitions:

Quarterly

Occurring every three months or four times a year, often used in the context of financial reports and payments.

Inventory Turnover

A metric indicating the number of times a business's stock is sold and replenished during a specific timeframe.

Net Sales

Sales revenue minus deductions for returns, allowances for damaged or missing items, and discounts.

Semiannually

Occurring twice a year or every six months, often used in the context of payments, interest accrual, or reporting periods.