In Addition to Other Factors,the Increased Use of Technology and the Reduced

question 39

Multiple Choice

In addition to other factors,the increased use of technology and the reduced costs of information transfer from local office to corporate headquarters has:

• A)significantly increased the need for centralized decision making.
• B)only increased the costs of decentralization.
• C)reduced the need for middle managers and increased the scope of local decision-making authority.
• D)shown that technology has little impact on the centralization issue.

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Definitions:

Incorporation Jurisdictions

The specific geographical locations whose legal frameworks govern the formation, operation, and dissolution of corporations.

Abolished

The act of formally putting an end to a system, practice, or institution.

Bondholders

Individuals or entities that hold debt securities issued by corporations or governments, entitling them to receive the bond's principal and interest payments.

Participants

Individuals or entities that take part in an activity, process, or event, often contributing to its outcome.