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PolarNik [594]
2 years ago
14

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured

using ________ organization.
a. matrix-style
b. functional teams
c. dedicated teams
Business
1 answer:
Dennis_Churaev [7]2 years ago
4 0

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured as a ________ organization.

A. Functional

B. Balanced matrix

C. Weak matrix

D. Strong matrix

E. Project

A project team that operates with a full-time project manager as a separate unit from the rest of the organization is structured using<u> Project organization.</u>

Answer: Option E

<u>Explanation:</u>

Projectized or Project organization as the name suggests, focus on the projects and various process related to those projects. Project organization is different from the rest of the organizations in a sense that it works as a separate unit.

In this type of organizational structure the project manager is on the top and he is the sole decision maker regarding all the projects. The rest of the team members report to the project manager, whereas the roles and responsibilities are divided amongst the members.

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First of all, we have to understand what is Full costing, Variable Costing, and JIT Inventory Management System.

Full Costing

Full costing also know as absorption costing. It allocate all cost to the specific product like fixed cost, variable cost etc.

Absorption costing consider all kind of cost whereas variable costing will only consider cost in variable in nature.

Variable Costing

Variable cost is a method were we only account for those cost that are varied over production output. It will not be a good tacker of profitability but it will help in decision making.

Inventory Management System

JIT stands for Just in Time Inventory. Where basic idea is to buy inventory whenever required, this system doesn't allow holding inventory.

Now coming to the question of why the difference is small when we are operating under JIT Inventory management System is as follows:-

1. Working capital - It is designed to be exceedingly low, so the investment in working capital is very less and will reduce inventory holding cost.

2. Obsolete inventory - Since inventory levels are so low, there is little risk of having much obsolete inventory which in turn will result in less loss.

3. Process time. A thoroughly implemented JIT system should shorten the amount of time required to manufacture products, which may decrease the quoted lead times given to customers placing orders. So the fixed cost will not be incurred on rent etc because of low/ less holding of inventory.

Because of the above factor difference is too small.

Learn more about Variable Costing here: brainly.com/question/6337340

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6 0
1 year ago
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Why are differentiation and low cost leadership strategies referred to as generic business strategies? they can be simultaneousl
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