Pushing Decision Making Down the Line and Getting the Lower-Level

question 58

Multiple Choice

Pushing decision making down the line and getting the lower-level personnel involved is referred to as _____.

• A) centralization
• B) decentralization
• C) horizontal specialization
• D) vertical specialization

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Definitions:

Economic Development

The process by which the economic well-being and quality of life of a nation, region, or local community are improved according to targets of growth and development.

Infrastructure

The fundamental facilities and systems serving a country, city, or area, including transportation, communication, water, and power systems.

Price Controls

Government-imposed limits on the prices that can be charged for goods and services in a market, aiming to keep prices within a certain range.

Exports

Goods or services sent from one country to another for sale or trade.