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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.
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Has globalization of supply chains encouraged or discouraged Vendor Managed Inventories?
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