Which of the Following Is Not a Characteristic of a Decentralized

question 110

Multiple Choice

Which of the following is not a characteristic of a decentralized organization?

• A) Better use of local knowledge.
• B) Better use of top management's time.
• C) Reduced response time to environmental changes.
• D) More decisions made by relatively few individuals.

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Definitions:

Transfer Payments

Payments made by governments to individuals without requiring any goods or services in return, such as welfare or social security.

Goods and Services

The output of an economy's business activities, encompassing tangible products (goods) and intangible offerings (services).

Progressivity

Refers to the degree to which a tax system taxes higher incomes at higher rates.

OECD Countries

Member countries of the Organisation for Economic Co-operation and Development, which are generally regarded as developed countries with high-income economies.