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Explain advantages of matrix organization.
Advantages of matrix organization
(i) Permitting better planning and control to meet deadline if effectively focuses resources on a single project.
(ii) This is more flexible than a traditional functional hierarchy.
(iii) Services of specialists are better used as more emphasis is placed on the authority of knowledge than rank of the particulars in the organizational hierarchy.
Midwest packaging's ROE last year was only 3%, but its management has developed a new operating plan that calls for a debt-to-asset ratio of 60%, which will result in annual intere
What is the value of marketing to the consumer, the stakeholder and stockholder and a. the value of your place on marketing b. the value of marketing to customers and consumers c.
A team has just completed a SWOT analysis of the company. Briefly state what this analysis should be used for in the context of strategy.
McDonalds Inventory $128.40Revenue $17, 140.50COGS $ 11943, 70Gross Profit $5,196.80 Wendy's Inventory: $54.40Revenue: 3148.90COGS: 1634.60Gross Profit: 1514.40 A. What were
Part 2: Case Floor-Shine Cleaning Products Case Focus: This case illustrates the use of a sales contest in an attempt to boost sales. Several potential problems resulting fro
• From the scenarios, we see that Chris and Erica have different communication styles that could potentially have a negative impact on the business. Suggest at least two strategies
A star product is one that A) in the growth stage but has a low market share B) Has negative to low earning characteristics C) Continues to increase market share even at t
A JIT system uses kanban cards to authorize movement of incoming parts. In one portion of the system, a work center uses an average of 93 parts per hour while running. The manager
Compare the skills of an engineer and an engineer manager
What are the benefits of working for someone else? What are the advantages of being part of a company or agency that is established? Explain. Reference/Cited
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