ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

ENTREPRENEURIAL PROCESS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
One of the advantages of the matrix structure is ____
A
it is easy to manage because of shared authority and roles
B
employees become motivated because each manager asks for extra efforts
C
it allows team members to share information more readily across task boundaries
D
department can function more efficiently when people with similar expertise work together in common units
Explanation: 

Detailed explanation-1: -Perhaps the biggest advantage of a matrix structure is that it brings together highly skilled team members from different departments, allowing the organization to capitalize on the resources it already has rather than seeking expertise and recruiting project team members from outside of the organization.

Detailed explanation-2: -Which of the following is an advantage of matrices? Explanation: Adjacency and Incidence Matrices are used to store vertices and edges of a graph. It is an advantage to plot graphs easily using matrices.

Detailed explanation-3: -Pros. A matrix organizational structure can benefit your company because: It allows the sharing of skilled resources between functional units and projects, which facilitates resource planning. It fosters better cross-functional communications, which improves team collaboration and builds a more dynamic organization.

There is 1 question to complete.