Matrix Structures Tend To

question 98

Multiple Choice

Matrix structures tend to:

• A) Focus technical specialists on their specialist knowledge rather than the goals of serving clients and creating marketable products
• B) Prevent employees in a particular specialisation from sharing knowledge with each other
• C) Require less coordination than functional or pure divisional structures
• D) None of the options listed here is correct

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Definitions:

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating efficiency in managing stock levels.

Current Ratio

A metric assessing how effectively a company can fulfill its short-term financial commitments with its assets on hand.

Acid-test Ratio

A stringent measure of liquidity that evaluates a company's ability to cover its short-term liabilities with its most liquid assets.

Receivable Turnover

A financial metric that measures how quickly a company collects payments from its customers by comparing sales to accounts receivable.