Decentralization ____

question 31

Multiple Choice

Decentralization ____.

• A)leads to faster decision making and more satisfied customers and employees
• B)tends to stymie employee capabilities
• C)is characteristic of large companies
• D)is more appropriate where standardization is important
• E)is accurately described by all of these

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Definitions:

Multiple Acquisitions

The process by which a company buys several companies in a short period, often to consolidate their industry or diversify.

Step Acquisition

The process of acquiring control over an investee in stages or steps over time, ultimately leading to consolidation.

Noncontrolling Interest

A shareholder's equity in a corporation that is less than the threshold required for control usually presented in consolidated financial statements.

Fiscal Year

A 12-month period used for accounting purposes and preparing financial statements, differing from the calendar year for some organizations.