The Biggest Challenge in Making a Decentralized Organization Function Effectively

question 62

Multiple Choice

The biggest challenge in making a decentralized organization function effectively is:

• A) earning maximum profits through fair practices.
• B) minimizing losses.
• C) taking advantage of the specialized knowledge and skills of highly talented managers.
• D) obtaining goal congruence among division managers.
• E) developing an adequate budgetary control system.

Understand the impact of down payments on lender's risk.

Recognize different types of lending institutions.

Understand the behavior and psychology behind overindebtedness.

Know the legal rights and regulations concerning debt collection and consumer protection.