When Sub-Units Operate as Independent Profit Centers, an Internal Market

question 7

True/False

When sub-units operate as independent profit centers, an internal market network exists.

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Definitions:

Creativity

The ability to produce original and unusual ideas, or to make something new or imaginative.

Rousseau

Jean-Jacques Rousseau, an 18th-century philosopher, writer, and composer who contributed to political philosophy, education, and literature, famous for his concepts of the "social contract" and the nature vs. nurture debate.

Hobbes

Refers to Thomas Hobbes, a 17th-century English philosopher known for his social contract theory, outlined in his work "Leviathan", advocating for the necessity of an absolute sovereign for societal peace.

Locke

John Locke was a 17th-century English philosopher and political theorist, considered one of the founding figures of modern philosophical empiricism and liberalism.