Which statement is accurate about a matrix organization?

Multiple Choice

It results in a highly centralized decision$-$making system.

It is a collection of independent, mostly single$-$function firms that collaborate to produce a good or service.

It is composed of dual reporting relationships in which some employees report to two superiors.

It creates an environment in which the unity$-$of$-$command principle is strictly followed.

It involves holding employees together by contracts that stipulate results expected, rather than by hierarchy and authority.