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:

Accrued Interest

Interest that has been earned but not yet received or paid. It accumulates from one payment period to the next.

Commission

A fee paid to an agent or employee for facilitating a sale or transaction, which is often a percentage of the sale price.

Accrued Interest

Interest that has been incurred but not yet paid, often referring to bonds or loans.

Interest Rate

The percentage charged on a loan or paid on savings over a period of time, typically expressed annually.