In Decentralized Systems

question 71

Multiple Choice

In decentralized systems

• A) development occurs at the home base and operations are handed over to autonomous units in foreign locations.
• B) each foreign unit designs its own unique solutions and systems.
• C) systems development and operations occur in an integrated and coordinated fashion across all units.
• D) foreign units design the solutions and systems used at the domestic home base.

---

Definitions:

Entry of New Firms

The process by which new companies can enter an industry, often affecting competition levels, market share, and innovation.

Standardized Product

Goods or services that are uniform in quality and performance, making them interchangeable with similar products from different producers.

Pure Competition

A market structure characterized by an extremely large number of sellers, none of whom can control market prices or product quality, leading to a situation where products are homogeneous and businesses have no control over pricing.

U.S. Automobile Industry

A significant sector of the U.S. economy, involving the design, manufacture, and sale of motor vehicles within the United States.