One Advantage of Central Planning Is That It Is Very

question 42

True/False

One advantage of central planning is that it is very efficient.

---

Definitions:

Decentralization

Assignment of decision-making rights to lower operating levels of an organization. Decreases cost of transferring specific knowledge needed to make decisions, but increases the cost of controlling behavior.

Cereal

A grain or edible seed typically processed and consumed as part of a meal, especially breakfast, or used to produce various food products.

Meat Flavoring

The addition of herbs, spices, or other seasonings to enhance the taste of meat products.