Which of the Following Is True About the Matrix Structure

question 74

Multiple Choice

Which of the following is true about the matrix structure of organizational design?

• A) The matrix structure is developed to combine geographic support for both global integration and local responsiveness.
• B) Regional managers are solely responsible for the operations and performance of the countries within a given region.
• C) In the matrix structure, communication problems, confusion, and conflict are minimal.
• D) Overlapping responsibilities are absent in a matrix structure.

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Definitions:

Account Payable

The amount of money owed by a business to its suppliers or creditors for goods and services purchased on credit.

Notes Payable

Liabilities represented by written promises to pay specific sums of money at future dates, typically evidenced by formal instruments of credit.

Accounts Payable

Liabilities to creditors for goods or services purchased on credit, representing obligations that a company needs to pay off in the near term.

Interest Expense

The cost incurred by an entity for borrowed funds, recognized as an expense in the income statement over the period the funds are borrowed.