Identify One of the Following as a Characteristic Feature of Matrix

question 21

Multiple Choice

Identify one of the following as a characteristic feature of matrix organizations.

• A) Resource utilization is inefficient.
• B) Higher management levels are overloaded with operational decisions.
• C) The principle of unity-of-command is followed.
• D) The decision-making process is highly centralized.
• E) Dual career ladders are elaborated.

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Definitions:

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.

Loanable Funds

The funds available within an economy for borrowing, influencing interest rates and capital availability.

Interest Rate

Fees assessed by a lending party on a borrowing party for asset usage, expressed in terms of the principal's percentage.

Rule of 70

A rule that estimates the number of years required to double an investment or population at a fixed annual growth rate, by dividing 70 by the percentage growth rate.