Matrix Structures Tend To

question 12

Multiple Choice

Matrix structures tend to:

• A)focus technical specialists on their specialist knowledge rather than the goals of serving clients and creating marketable products.
• B)prevent employees in a particular specialization from sharing knowledge with each other.
• C)require less coordination than functional or pure divisional structures.
• D)do all of these things.
• E)do none of these things.

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Definitions:

Discount Period

The time frame in which a buyer may take advantage of a discount offered by a seller for early payment.

Invoice Price

The price at which a product or service is sold, typically listed on an invoice as the cost before any discounts or allowances.

Credit Terms

Conditions under which credit is extended by a seller to a buyer, detailing the repayment period, interest rate, and other rules governing the borrowing.

Perpetual Inventory Method

An accounting method that continuously updates the inventory levels and cost of goods sold with each sale or purchase of inventory.