Which of the Following Factors Encourages the Use of Centralized

question 50

Multiple Choice

Which of the following factors encourages the use of centralized decision making?

• A)Small company size
• B)Small capital investment
• C)Relatively low importance to the MNC
• D)Highly competitive environment

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Definitions:

Exemption Clause

Language within a contract designed to protect a party by restricting certain legal claims or liabilities.

Mitigate Loss

Actions taken to reduce the severity, seriousness, or painfulness of something, often used in the context of economics or law.

Contract Frustration

A legal concept whereby a contract is terminated because an unforeseen event has rendered contractual obligations impossible to perform.

Express Repudiation

The act of clearly and explicitly refusing to perform an obligation or duty outlined in a contract.