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What is an example of how a centralized structure is affected by the strategic decision process?
Acquisition
The act of obtaining control of another company or asset through purchase or exchange.
Conglomerate Merger
A type of business combination where two or more companies in unrelated industries come together to form a single corporate entity.
Budget Cutbacks
The process of reducing budgeted expenditures, often in response to fiscal deficits, economic downturns, or reallocation of resources.
Psychological Needs
Basic human motivations that include the need for love, esteem, belonging, autonomy, and competence, influencing behavior and well-being.
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