Decentralization Allows Managers to Be Closer to the Action And

question 43

Multiple Choice

Decentralization allows managers to be closer to the action and:

• A)create a formal organization.
• B)implement non-programmed decisions.
• C)get closer to the consumer.
• D)develop line of authority.

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Definitions:

Short Position

An investment strategy where an investor sells a security with the intention to buy it back later at a lower price, expecting the security's price to fall.

Negative Alphas

A metric indicating that an investment has underperformed relative to its benchmark, adjusted for the level of risk.

Go Long

An investment strategy where an investor buys shares or securities with the expectation that their price will rise over time.

Sell Short

The sale of a security that the seller does not own at the time of the sale, typically with the intention of buying it back later at a lower price to make a profit.