With __________ Authority,important Decisions Are Made by Top Managers

question 87

Multiple Choice

With __________ authority,important decisions are made by top managers.

• A) line
• B) staff
• C) centralized
• D) decentralized

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Definitions:

Organizational Buyers

Those manufacturers, wholesalers, retailers, service companies, nonprofit organizations, and government agencies that buy products and services for their own use or for resale.

Reprocessing

The act of processing used or discarded materials to make them suitable for reuse, often involving cleaning, repairing, or transforming them into new products.

Ultimate Consumers

The people who use the products and services purchased for a household. Also called consumers, buyers, or customers.

Organizational Buyers

Entities such as businesses, governments, and institutions that purchase goods and services for organizational purposes.