Centralization of Decision-Making in a Firm Is a Good Idea

question 44

Multiple Choice

Centralization of decision-making in a firm is a good idea when:

• A)the people who produce the information also have decision-making skills.
• B)all the information comes from internal sources.
• C)the incentives of the decision-makers is not aligned with the firm's share holders.
• D)those who have the relevant information are not equipped to analyze it.

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Definitions:

Regional Strategy

A business approach that focuses on tailoring products, services, and marketing efforts to specific geographic areas or regions to meet local needs and preferences.

Controlling Images

Stereotypical images or narratives that are used to justify and maintain social inequalities.

Systemic Racism

A form of racism that is embedded in the laws and regulations of a society or organization, leading to discrimination and inequality for groups based on race.

Strategies of Action

The tactics or methods employed by individuals or groups to achieve specific goals, especially in social or political contexts.