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A Centralized Business Organization Is One in Which All Major

question 167

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


Definitions:

Financial Benefit

The economic advantage or gain received as a result of specific actions, investments, or decisions.

Programming Element

A fundamental component or feature used in software development and design, contributing to the functionality of a program.

Tactics

Specific actions or strategies planned to achieve a short-term objective, often as part of a broader strategic plan.

Strategy

Pertains to a comprehensive plan formulated to achieve specific goals and objectives within a competitive environment.

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