As Projects Wind Down and Are Completed in ____, the Company

question 1

Multiple Choice

As projects wind down and are completed in ____, the company hopes to get contracts for new projects.

• A) an autonomous project organizational structure
• B) a functional organizational structure
• C) a matrix organizational structure
• D) a project management office

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Definitions:

Principal-agent Problem

A conflict of interest that arises when one party (the agent) is expected to act in the best interest of another (the principal) but has incentives to act in their own interest.

Purely Competitive Labor Market

A resource market in which many firms compete with one another in hiring a specific kind of labor, numerous equally qualified workers supply that labor, and no one controls the market wage rate.

Rate of Unionization

The percentage of workers who are members of a union within a particular workforce or industry.

Protective Service Workers

Individuals employed in occupations that focus on public safety, law enforcement, and security services.