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What is a matrix organization?

A matrix organization is a structure that reflects the complexity of the modern business environment of multiple (often competing) priorities. In the past organizations often had a functional organization inside a particular geography - so the US Marketing manager for a product - say widgets, worked for the US marketing VP who reported to the US President. In a matrix, companies realize that there are different and sometimes competing priorities driven by function, geography, business unit, customer segment etc.. etc.. So that same US Marketing person today may have a reporting line to the Marketing functional head, to the Business line head for widgets, to the US geographic head for profit and loss etc… A matrix then is an orgnaization structure with multiple reporting lines. But the structure itself solves nothing, it just lays out the problem more clearly, I think that all the value of the matrix lies in the way people work together to resolve daily conflicts and trade-offs


Is there any matrix called as zero matrix?

ya yes its there a matrix called zero matrix


What is the matrix that if you multiplied by the original matrix you would get the identity matrix?

The matrix that, when multiplied by the original matrix, yields the identity matrix is known as the inverse matrix. For a given square matrix ( A ), its inverse is denoted as ( A^{-1} ). The relationship is expressed as ( A \times A^{-1} = I ), where ( I ) is the identity matrix. Not all matrices have inverses; a matrix must be square and have a non-zero determinant to possess an inverse.


What is a sparse matrix?

A sparse matrix is a matrix in which most of the elements are zero.


What is a zero matrix?

A zero matrix is a matrix in which all of the entries are zero.

Related Questions

What is Boston matrix?

Boston Matrix is a more informal marketing tool used for product portfolio analysis and management, developed by the Boston Consulting Group in the early 1970s.


Boston consulting group matrix on toyota's portfolio products?

The Boston Consulting group Matrix on Toyota's portfolio products basically provides consultancy services on the same. The offer professional advice on which product to buy.


What is Boston Consulting Group's population?

Boston Consulting Group's population is 2,011.


What is the population of Boston Consulting Group?

Boston Consulting Group's population is 5,600.


When was Boston Consulting Group created?

Boston Consulting Group was created in 1963.


Where can I find information to help me write a business and marketing strategy?

Many places on the internet offer this service, even for free. Tools such as SWOT analysis, PEST analysis , Ansoff Matrix, and Boston Matrix can help you along the way as you write and outline our buisness and marketing stratergy.


What is a BCG matrix?

BCG matrix aka Boston matrix is a chart that had been created by Bruce Henderson for the Boston Consulting Group in 1970 to help corporations with analyzing their business units or product lines. (http://en.wikipedia.org/wiki/Growth-share_matrix) NB a picture is also included on the website. BCG matrix is an important tool to measure companies' brands worth. By analysis where their brands stand in BCG matrix, they can better develop branding strategies.


What is the purpose of marketing consulting services?

Marketing consulting serves a variety of purposes. These include planning a marketing strategy, providing you with leads, raising awareness of your brand and promotional advertising help.


Where can I find a good internet marketing strategy consultant in the Boston area?

You can find a number of internet marketing strategy consultants in the Boston area. You can find one of your choice in any of these links:www.aderit.com/; www.nickstamoulis.com/(Nick Stamoulis Internet Marketing Consultant-Ph: 781-350-4365);www.convasis.com(Alexey Ossikine); www.clearlycreative.net/(David Gowel) There is an internet marketing consulting company called Convasis. They are located at 10 Post Office Square in Boston, on the 8th floor of the building.


Can you link the Boston matrix to a products life cycle?

The introduction phrase within the product life cycle relates to the question mark group within the Boston Matrix. Star products in the Boston Matrix relate to the growth stage of the product life cycle. The maturity stage of the product life cycle relates to the cash cow group of the Boston Matrix. Dog products within the Boston Matrix are linked with the decline stage of the product life cycle.


What education is required to go for a career in internet marketing consulting?

One should first get a degree in marketing or business. Then one should specialize in an area where one is interested in. One should then find a marketing job that fits one's interests. From a marketing job one can steadily move towards internet marketing consulting. The knowledge needed to feel at home on the web doesn't require a special education for marketing consulting.


Where can one find network marketing opportunities in Boston?

One can find opportunities to engage in network marketing in Boston by visiting the Meetup website and going to the Boston Network Marketing page. There one will find how one can get involved in network marketing in Boston.