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While matrix management contradicts traditional managerial principles, it can be more efficient because Blank______.Multiple choice question.today's economy has high-growth industries that require flexibilityit has established lines of authorityit works well in organizations with slow product development

Question

While matrix management contradicts traditional managerial principles, it can be more efficient because Blank______.Multiple choice question.today's economy has high-growth industries that require flexibilityit has established lines of authorityit works well in organizations with slow product development

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Solution

The correct answer is "today's economy has high-growth industries that require flexibility". Matrix management is often more efficient in today's economy because it allows for greater flexibility. This is particularly important in high-growth industries where conditions can change rapidly and organizations need to be able to respond quickly. Traditional managerial principles often involve established lines of authority and can be slower to adapt to changes, making them less efficient in these situations.

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