Strictly Speaking, Decentralization Can Occur Only in an Organization That

question 18

True/False

Strictly speaking, decentralization can occur only in an organization that was previously centralized.

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Definitions:

Possession Of Collateral

Holding or control over property or assets pledged as security for a loan or obligation.

Private Sale

A transaction of goods or property conducted directly between individuals or parties without the involvement of a public auction or open market.

Public Sale

The process of selling goods or assets to the highest bidder in an open and public manner.

Jurisdictional Ambiguity

The presence of unclear lines of responsibility within an organization.