The Advantages That a Regional Management Center Can Offer a Company

question 55

Multiple Choice

The advantages that a regional management center can offer a company includes all of the following except:

• A)pan-regional decision making.
• B)coordinated regional planning.
• C)considerable cost saving.
• D)coordinated control.
• E)coordinated decision making.

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Definitions:

Diversification

A strategy for managing risk that involves diversifying the portfolio by incorporating a broad array of investments.

Uncertain Situations

Scenarios in which outcomes or conditions are not known, predictable, or completely measurable, often affecting decision making.

Information

Pertains to data, knowledge, or facts that are acquired through experience, observation, or instruction, which can influence economic decisions.

Fully Insure

To obtain insurance coverage that provides complete protection against all potential risks or losses.