________ Means That Decision-Making Authority Is Delegated to Lower-Level Managers

question 107

Multiple Choice

________ means that decision-making authority is delegated to lower-level managers and employees.

• A) Uniformity of authority
• B) Decentralized authority
• C) Specification of authority
• D) Standardized authority

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Definitions:

Customer Value

The perception of what a product or service is worth to a customer versus the possible alternatives, reflecting the benefits and costs.

Unique Value

Unique value denotes the exclusive benefits or features that make a product or service stand out from its competitors.

Environmental Forces

External factors such as social, economic, technological, and political conditions that influence an organization's or industry's performance but are beyond its control.

Competitive

Relating to, characterized by, or based on the principle of competition, where entities vie for dominance in a market or field.