Local Managers Can Make Better Decisions Using Distant Information and Outside

question 37

True/False

Local managers can make better decisions using distant information and outside managers can provide more timely responses to changing conditions.

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Definitions:

Core Corporate Functions

Essential activities or operations critical to the management and sustained success of a corporation, such as finance, human resources, and marketing.

Suppliers

Individuals or companies that provide goods or services to another entity, typically within a supply chain.

Blockchain

A distributed ledger technology that allows data to be stored in a series of interconnected blocks, enhancing security and transparency.

Bitcoin

A digital or virtual currency that uses cryptography for security and operates without a central authority.