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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.
The XYZ Paint Shop owns and operates a dozen shops in northern Illinois. Their signature paint is diamond polished candy apple red lacquer. Sales (X, in millions of dollars) is rel
Present and future values for different periods: An investment will pay $100 at the end of each of the next 3 years, $200 at the end of Year 4, $300 at the end of Year 5, and $500
Given that frame, what are some of big issues facing CEOs and Organizations. Which ones do you think are the most problematic in terms of impacting strategy?
Briefly compare and contrast the manufacturing and service processes using queuing and assembly lines as your items to compare and contrast
Mars Inc. is considering the purchase of a new machine that will reduce manufacturing costs by $5,000 annually. Mars will use the MACRS accelerated method to depreciate the machine
The number of visitors at a theme park by season and year has been recorded and is given in the following table: Quarter 2003 2004 2005 2006 Winter 45 46 35 16 Spr
1) Discuss why businesses set plans, how they set plans, and how short and long-term objectives work together. 2) Define and discuss the role of a company's vision and mission in
Operation Management functions Operations Management has many functions to carry out the transformation procedure efficiently. The function incorporates various roles which are
explain the monte carlo simulation
Christopher's Cranks uses a machine that is designed to produce 100 cranks per hour. The firm operates eight hours per day, five days per week. Due to operating constraints (regu
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