A Knowledge-Based Firm That Is Organized by Units That Contain

question 48

Multiple Choice

A knowledge-based firm that is organized by units that contain a project manager and a few employees as well as external contractors is said to be structured as a

• A) project team
• B) matrix
• C) special business unit
• D) cell

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Definitions:

Autocratic Decision

A decision-making style where the leader makes decisions unilaterally without consulting others, often based on their own authority and judgment.

Immediate Crisis

A sudden and urgent situation requiring quick action to prevent or minimize major damage or disaster.

Delegate

To assign responsibility or authority to another individual, typically to lighten one's own workload or to entrust tasks to more specialized personnel.

Skills and Confidence

The combination of abilities and self-assurance that enables an individual to perform tasks effectively and believe in their capacities.