One Significant Difference Between Matrix and Project Structures Is That

question 62

True/False

One significant difference between matrix and project structures is that in a project structure the employees have no formal department to which they return when the project is over.

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Definitions:

Unit Selling Price

The amount of money charged for each individual unit of a product or service.

Contribution Margin Ratio

A financial ratio that measures the profitability of a product by subtracting variable costs from sales and dividing the result by total sales.

Operating Income

The profit realized from a business's operations after subtracting operating expenses from gross profit.

Fixed Costs

Expenses that do not change in proportion to the level of goods or services produced within a certain range.