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Why Should a Firm Centralize Its Decision Making

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Why should a firm centralize its decision making?


Definitions:

Sampling Frame

The list or database from which a sample is drawn in research, representing the larger population of interest.

Relevant Content

Information or data that is directly related and useful to the current topic or situation.

Sampling Error

Sampling error is the discrepancy between the characteristics of a sample and those of the overall population from which it was drawn, affecting the accuracy of results.

Collecting Data Systematically

The process of gathering information following a structured methodology to ensure accuracy and consistency.

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