When Managers of Separate Divisions or Units Are Delegated the Responsibility

question 93

Multiple Choice

When managers of separate divisions or units are delegated the responsibility for managing their operations, the operational responsibility is said to be _____.

• A) amalgamated
• B) accumulated
• C) negotiated
• D) decentralized

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Definitions:

Reluctant

Showing hesitation or unwillingness to do something.

Hedging

A financial strategy used to reduce or limit the risk of price movements in commodities, currencies, or securities, by taking an offsetting position in a related security.

Currency Exchange

The process of exchanging one country's currency for another, affecting international trade and investments due to fluctuating exchange rates.

Price Risks

The uncertainty and potential financial loss associated with changes in the price of goods, services, or commodities.