When Managers Group Workers Both by Function and by Product

question 77

True/False

When managers group workers both by function and by product within the same structure,they are said to be following the matrix structure.

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Definitions:

WTO

The World Trade Organization, an international body that deals with the rules of trade between nations, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

Agricultural Commodities

Products derived from farming and agriculture that are traded, sold, and used as staples in food supply chains.

European Union

A political and economic union consisting of 27 European countries that have agreed to follow common economic, social, and security policies.

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The legal currencies in circulation within a specific country, used for the majority of financial transactions within that country.