Which of the Following Is Not a Disadvantage of Decentralized

question 150

Multiple Choice

Which of the following is not a disadvantage of decentralized operations?

• A)competition among managers
• B)duplication of operations
• C)price cutting by departments that are competing in the same product market
• D)top management freed from everyday tasks to do strategic planning

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Definitions:

Durbin-Watson Test

A statistical method designed to identify the existence of autocorrelation with a single lag in the residuals resulting from a regression study.

Positive Autocorrelation

A statistical property of a series indicating that values close together in time are positively correlated and tend to move in the same direction.

Durbin-Watson Statistic

A statistical measure employed to identify autocorrelation within the residuals of a regression analysis.

Independence of Errors

An assumption in statistical models indicating that the error terms are not correlated with each other.