MATRIX ORGANIZATION Definition

Bookmark and Share

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.

Learn new Accounting Terms

DEVOLUTION is the delegation of authority from higher to lower levels.

INTEREST INCOME - NON-OPERATING is interest income generated from non-operating investment securities such as certificates of deposit or bonds for non-financial service companies.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.