In What Type of Organization Is Decision-Making Authority Delegated to Levels

question 95

Multiple Choice

In what type of organization is decision-making authority delegated to levels of management at various points below the top?

• A) centralized
• B) decentralized
• C) point-of-sale
• D) geographic
• E) autocratic

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Definitions:

Liability to Customers

The legal responsibility of a business to compensate customers for harm, loss, or injury resulting from its products or services.

Unfair Business Practices

Business practices designed to take advantage of consumer inexperience or ignorance.

Exemplary Damages

Exemplary damages, also known as punitive damages, are awarded in a lawsuit as a punishment to the defendant and to deter others from engaging in similar conduct.

Rescind Agreement

The legal act of unilaterally canceling or terminating a contract by one of the parties involved, effectively restoring the parties to their state before the contract was signed.