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What are the advantages of the matrix organisation?
Advantages of matrix organization are as illustrated below:
a. When effectively focuses resources onto a single project, permitting better control and planning to meet deadline.
b. This is more flexible than a traditional functional hierarchy.
c. Services of specialists are improved utilized like more emphasis is placed onto the authority of knowledge than rank of the persons into the organizational hierarchy.
Global Economic Crises The current economic crisis has affected many countries in Europe as well as many countries in the world over. Micro credit institu
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