matrix


matrix
matrix UK US /ˈmeɪtrɪks/ noun [C] (plural matrixes or matrices)
a group of numbers or other things arranged in a rectangle that can be used to solve a problem or measure something: »

The bottom row of the matrix indicates typical lead times for starting activities in order to complete the stage by the date scheduled.

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They use a matrix which classifies the company's product or service on one axis from A to E.

a set of related things that affect the way something develops or changes: »

The modern matrix of cultural management includes buzzwords like 'access' and 'empowerment'.

See also ANSOFF MATRIX(Cf. ↑Ansoff matrix), BOSTON MATRIX(Cf. ↑Boston Matrix), SALARY MATRIX(Cf. ↑salary matrix)

Financial and business terms. 2012.