How Is Flexibility Ensured in the Matrix Structure

question 64

Multiple Choice

How is flexibility ensured in the matrix structure?

• A) By empowering product teams
• B) By making managers solely responsible for taking important product development decisions
• C) By organizing divisions based solely on to the type of good they provide
• D) By organizing divisions based solely on the type of customer they focus on
• E) By organizing divisions based solely on area of the country or world they operate in

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Definitions:

Antitrust Law

Legislation designed to promote competition and regulate and prevent monopolies or other practices that restrain trade.

Legal Cartel Theory

A concept that explores the legality and economic implications of a group of firms controlling the market by regulating prices and output like a cartel.

Occupational Licensing

The laws of state or local governments that require that a worker satisfy certain specified requirements and obtain a license from a licensing board before engaging in a particular occupation.

Antitrust Legislation

Laws and regulations designed to promote competition and prevent monopolies or oligopolies by regulating anticompetitive practices among companies.