Decentralization Means That a Unit Manager Has the Authority to Make

question 106

True/False

Decentralization means that a unit manager has the authority to make all decisions concerning that specific unit.

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Definitions:

Mission Statement

A formal summary of the aims and values of a company, organization, or individual.

Human Resources

The department within an organization that focuses on recruitment, management, and providing direction for the people who work in the organization.

Stability Strategy

A business approach that focuses on maintaining current operations and market position without significant growth or change.

Growth Strategy

A plan employed by organizations to increase their size, revenue, market share, or customer base through various methods such as market expansion, product development, or acquisitions.