When Decision-Making Is Centralized,it Causes ___________ Control Within the Organization

question 81

Multiple Choice

When decision-making is centralized,it causes ___________ control within the organization.

• A)less
• B)greater
• C)unstructured
• D)detached

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Definitions:

Terms Of Trade

The ratio of an index of a country's export prices to an index of its import prices.

Bushel

A bushel is a unit of volume that is used for measuring agricultural commodities, with the exact weight varying by the type of commodity.

Lbs. Of Tea

This is not a key term in the context of economics or business; it refers to pounds of tea, a unit of measure for weight.

Comparative Advantage

The ability of a country, individual, company, or region to produce a good or service at a lower opportunity cost than its competitors, underlining the benefits of specialized production and trade.