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Janey worked in the student bookstore of a community college.The store was quite large and offered a variety of food items and paraphernalia besides books and school supplies.Although she liked the retail atmosphere,there was little opportunity for advancement because the three persons in management positions were doing well in their jobs and not planning to retire very soon.When the College opened a new branch,Janey seized the opportunity to be reassigned to the new location and manage the smaller operation.Her change was not a promotion,it was considered an) __________,however,it served to improve her morale because she was performing more tasks and had greater responsibility than at the previous bookstore.
Decentralization
The distribution of decision-making power away from a central authority, allowing for more localized or divisional decision control.
Organization Structure
The arrangement of roles, responsibilities, and relationships within an organization, determining how information flows and decisions are made.
Chief Purchasing Officer (CPO)
A high-ranking executive responsible for managing an organization's procurement processes and policies.
Total Cost of Ownership
The comprehensive assessment of the direct and indirect costs and benefits related to the purchase of any capital investment, such as computer equipment, software, or systems.
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