A Decentralized Business Organization Is One in Which All Major

question 108

True/False

A decentralized business organization is one in which all major planning and operating decisions are made by top management.

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Definitions:

Rule of Reason

A legal doctrine used in antitrust law stating that not all business practices considered to restrict trade are automatically illegal, but must be evaluated on their actual impact on competition.

Microsoft

A multinational technology company known for its software products, including the Windows operating system and Office suite, as well as hardware and cloud services.

Operating System

The software that manages the hardware and software resources of a computer, providing a platform for applications.

Consent Decree

A legal agreement that resolves a dispute between two parties without an admission of guilt and is approved by a judge.