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If Purchases Are Very Different Across Business Units, a Firm

question 67

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If purchases are very different across business units, a firm may opt to decentralize purchasing.


Definitions:

Current

Pertaining to the present time or most recent.

Lamp Shades

Covers used to diffuse the light from a lamp, often decorative and used to control the lighting ambiance of a room.

Exchange

A process by which two parties come to a mutual agreement to trade goods, services, or information.

Store

A retail establishment where goods and services are sold to consumers.

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