Which of the Following Determines the Degree of Decentralization of a Firm

question 265

Multiple Choice

Which of the following determines the degree of decentralization of a firm?

• A) The degree to which lower-level management is empowered to make decisions.
• B) The chain of command used to follow the flow of authority from top of the hierarchy to the lowest levels.
• C) The geographical area served by the firm's operations.
• D) The degree of product standardization desired by the marketplace.

Calculate savings given consumption, disposable income, and autonomous consumption.

Understand the effect of changes in the Average Propensity to Save (APS) on total savings.

Analyze historical changes in consumer spending patterns.

Calculate induced consumption given consumption, disposable income, and autonomous consumption.

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Definitions:

Group Situations

Scenarios or contexts in which individuals interact within a group, influencing and being influenced by each other.

Zimbardo

Refers to Philip Zimbardo, a psychologist known for conducting the Stanford prison experiment, which explored the effects of perceived power and authority on behavior.

Social Categorisation

The process by which individuals classify others into groups based on shared characteristics.

Social Creativity

Group-based behavioural strategies that improve social identity but do not directly attack the dominant group’s position.