In a Matrix Approach to Departmentalization, Two Chains of Command

question 200

True/False

In a matrix approach to departmentalization, two chains of command exist, with top priority given to the team managers.

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Definitions:

Defective Corporation

A corporation that has not completely complied with all legal requirements for incorporation, but may still operate as a corporation under certain conditions.

Shareholder Manager

A shareholder who also plays a direct role in the management of a company.

Passive Shareholder

An investor who holds a stake in a company but does not take part in day-to-day management or operational decisions.

Authorized Shares

Shares that a corporation is empowered to issue by its articles of incorporation.