MATRIX ORGANIZATION Definition

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MATRIX ORGANIZATION is where a company superimposes a group or interdisciplinary team of project specialists on a functional organizational design. In a matrix organization the members have dual allegiances, i.e., to that particular assignment or project as well as their normal organizational department.

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K as the fifth letter of a Nasdaq stock symbol indicates that the issue has no voting rights.

INTERNATIONAL FUND is a (mutual) fund that can invest only outside the home country, e.g. the United States.

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