Centralization Refers to Decision-Making By

question 149

Multiple Choice

Centralization refers to decision-making by:

• A) Management
• B) Employee
• C) Management and employee
• D) Team of managers

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Definitions:

Lineal Heirs

Direct descendants of an individual, such as children, grandchildren, and so forth, who may inherit from an estate.

Collateral Heirs

Individuals entitled to inherit a deceased person's estate in the absence of direct descendants or other primary beneficiaries, often including distant relatives.

Statutory Formalities

The specific procedures or requirements mandated by law for certain actions to be legally valid, such as signings, notifications, or registrations.

Holographic

Pertaining to holograms, typically used to describe a three-dimensional image formed by the interference of light beams from a laser or other coherent light source.