Which of the Following Is Not a True Statement About

question 31

Multiple Choice

Which of the following is not a true statement about matrix structures?

• A)They are most common in organizations that experience their workload in the form of projects
• B)Many employees report to two bosses
• C)It can be difficult to balance the needs of different lines of authority
• D)It is a simple structural form for organizations in environments with a low level of complexity
• E)These are all true statements.

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Definitions:

Retrenchment Strategy

A strategy used by businesses to reduce their size or operations in response to economic challenges or poor performance in order to become more financially stable.

Restructure

The process of changing the organizational, ownership, or operational structure of a company to make it more profitable, efficient, or to adapt to new conditions.

Competitive Advantage

The distinctive qualities or situations that enable a company to surpass its rivals in performance.

Higher Rates

Refers to the increased costs or interest rates often associated with loans, investments, or other financial products.