Matrix Designs Have a Number of Advantages, Such As

question 23

Multiple Choice

Matrix designs have a number of advantages, such as:

• A) clarifying reporting responsibilities.
• B) flexibility in the allocation of human resources.
• C) reducing employee stress through high degrees of cooperation and coordination.
• D) reducing spans of control for managers.

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Definitions:

Relatively Easy Entry

Refers to industries or markets where barriers to entry are minimal, allowing new competitors to join with fewer obstacles.

Similar Products

Goods that serve the same purpose or function and can substitute for each other in consumer usage.

Large Number

Refers to a quantity significant enough to influence or be noticed within a particular context, often used in statistical or mathematical analyses.

Monopolistically Competitive

Describes a market structure where many firms sell products that are similar but not identical, allowing for competition based on product differentiation.