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What is the difference between the use of test data and parallel simulation?
Decentralization
The transfer of control and decision-making from a centralized entity to multiple lower-level entities, promoting autonomy and local decision-making.
Globalization
The integration of economy, trade, and finance on an international scale.
Self-Managing Team
a group of workers who are given the autonomy to manage themselves and make decisions within their areas of operation without traditional management.
Decisions
The act or process of making choices or selecting an option or direction from a set of alternatives, often involving a degree of judgment or assessment.
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