Thanks to His Firm's Decentralization and Use of Responsibility Accounting,Matt

question 30

Multiple Choice

Thanks to his firm's decentralization and use of responsibility accounting,Matt has more time to review a proposed new joint venture with one of the firm's business partners.What advantage of decentralization does this illustrate?

• A) Encourages upper-level management to concentrate on strategic decisions
• B) Trains lower-level managers to accept higher responsibilities
• C) Improves performance evaluation
• D) Motivates managers to improve productivity

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Definitions:

Negotiating Contracts

The process of discussing and arriving at mutual agreements in the terms and conditions of a contract between two or more parties.

Teamwork

Collaborative efforts of a group to achieve common goals and objectives more effectively and efficiently than individual members working independently.

Assembly Tasks

Activities involved in putting together parts or components to form a finished product, often performed in a manufacturing setting.

Specialized Division

A separate unit within an organization that focuses on a specific area of expertise or a particular type of product or service.