The Benefits of Decentralized Management in a Firm Include All

question 130

Multiple Choice

The benefits of decentralized management in a firm include all of the following except:

• A) Ability of SBU managers to use their local knowledge effectively.
• B) Ability of SBU managers to make more timely decisions.
• C) Motivation provided by the freedom and responsibility of a decentralized environment.
• D) Improved coordination among divisional managers.

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Definitions:

Time for Performance

Time for Performance denotes the specific period within which a party to a contract is required to fulfill its obligations as stipulated in the agreement.

Court

A governmental institution authorized to resolve legal disputes between parties and carry out the administration of justice in civil, criminal, and administrative matters.

Reasonable Time

A legal concept indicating the period within which actions must be taken or conditions fulfilled, considered fair and appropriate under the circumstances.

Fraudulent Misrepresentation

This is a false statement of fact made deceitfully to induce another party to enter into a contract, resulting in harm or loss.