McDonald's Utilizes a Decentralized Decision-Making Structure

question 178

True/False

McDonald's utilizes a decentralized decision-making structure.

---

Definitions:

Cost of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including the cost of the materials and labor directly used to create the product.

Budget Committee

A group responsible for developing and monitoring an organization's financial plan, including income and expenditures.

Management's Budgeting Goals

The financial and operational targets set by a company's management during the budgeting process.

Accounting Department

The division within a company that is responsible for managing financial transactions, records, and statements.