Centralization Is the System of Reporting Relationships in the Organization

question 22

True/False

Centralization is the system of reporting relationships in the organization.

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Definitions:

Product/Service Quality

The measure of how well a delivered product or service meets the customer's expectations.

Planning Process

A systematic approach to defining goals, developing strategies, and outlining tasks and schedules to achieve the goals.

Competitive Niche

A specialized segment of the market for a particular kind of product or service where a business can achieve a dominant position.

Strategic Management Tool

Instruments, frameworks, or methodologies used by individuals and organizations to analyze, plan, and execute strategies aimed at achieving competitive advantage.