Which of the Following Is a Common Characteristic of a Centralized

question 51

Multiple Choice

Which of the following is a common characteristic of a centralized organization?

• A) democratic decision making
• B) decision making by top-level managers
• C) placing decision making near the customer
• D) authority placed at lower levels

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Definitions:

Personal Income Taxes

Taxes levied on the income of individuals, affecting personal earnings.

Dividends Shareholders

Profits distributed to shareholders of a corporation, typically in the form of cash payments or additional shares of stock.

Payroll Tax

Taxes levied on either employers or employees, often determined as a fraction of the wages that businesses pay to their workforce.

Best Tax

Refers to an optimal tax system that maximizes efficiency and fairness, minimizing distortion in resource allocation and economic behaviors.