Decentralization Occurs When

question 12

Multiple Choice

Decentralization occurs when

• A)the firm's operations are located over a large geographic area to reduce risk.
• B)authority for important decisions is delegated to lower segments of the organization.
• C)important decisions are made at the upper levels and the lower levels of the organization are responsible for implementing the decisions.
• D)None of the above are correct.

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Definitions:

Expected Values

The predicted average of all possible outcomes of a random variable, weighted by their probabilities.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set.

Mean Values

Statistical measures representing the average value in a set of data, calculated by summing all observations and dividing by the number of observations.

Individual

A single human being as distinct from a group, class, or family.