Organizations Using a Matrix Structure _____

question 66

Multiple Choice

Organizations using a matrix structure _____.

• A)contain multiple overlapping command structures,in which employees report to several managers
• B)centralize authority into a single person
• C)contain two command structures,in which some people actually report to two bosses
• D)establish a hierarchy in which employees report to only one supervisor
• E)utilize teams or workgroups with few lines of authority

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Definitions:

Endowment Policy

A life insurance contract designed to pay a lump sum after a specified term (on its 'maturity') or upon death, often used as savings or investment vehicle.

Maximum Loan

The highest amount of money that can be borrowed by an individual or organization from a lender under specific terms.

Deductible

An amount that must be paid out of pocket before an insurance provider will cover any expenses.

Medical Bills

Statements of charges for medical services rendered, typically issued by hospitals, clinics, or healthcare providers.