One Advantage of Decentralization Is Faster Response Time to Changes

question 4

True/False

One advantage of decentralization is faster response time to changes in the organization's environment by local managers.

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Definitions:

Tariff

A tax imposed by a government on goods and services imported from other countries, used to protect domestic industries from foreign competition.

Imported Good

A product or service that is brought into one country from another for sale or use.

Trade Deficit

A situation where a country's imports of goods and services exceed its exports, leading to a negative balance of trade.

Major Concern

A primary or significant issue that requires attention or resolution within a particular context, such as economy, environment, or society.