Identify the Statement That Is NOT a Major Advantage of Placing

question 48

Multiple Choice

Identify the statement that is NOT a major advantage of placing a project in the matrix approach.

• A)A single individual,the project manager,takes responsibility for managing the project.
• B)The project will have access to representatives from the administrative units of the parent firm.
• C)The division of authority between the project manager and the functional managers is complex.
• D)There may be less anxiety among team members about what will happen to them when the project is completed.

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Definitions:

Economic Order Point

The ideal quantity of inventory a company should order to minimize costs, including holding and shortage costs.

Credit Period

The duration during which a buyer can pay for goods or services received without incurring interest charges, often used in trade credit arrangements.

Perishable Items

Goods that have a limited shelf life and require quick sale to avoid spoilage, such as food and flowers.

Low Markups

Refers to the small difference between the cost of goods and their selling price, typically indicating a low profit margin.