Which of the Following Is True of Decentralization

question 1

Multiple Choice

Which of the following is true of decentralization?

• A)It concentrates the decision-making authority at the top.
• B)It is highly effective for businesses where risky decisions are to be made.
• C)It reduces an organization's ability to react to changes quickly.
• D)It isolates lower-level managers from decision making.
• E)It is characteristic of organizations that operate in complex environments.

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Definitions:

Periodic Rate

The interest rate for a specific period of time, often related to credit cards or loans, which can be monthly, quarterly, etc.

APR

Annual Percentage Rate, a measure of the cost of credit, expressing the yearly interest rate.

Total Interest

The total amount paid or earned over the life of a financial product, such as a loan or an investment, in addition to the principal.

APR

Annual Percentage Rate, a measure used to calculate the cost of borrowing or the yield from an investment, taking into account interest rates, fees, and loan terms.