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In its African operations,Sony Corporation performs most functions at its Japanese headquarters but markets through cooperative relationships with local distributors.In the United States,Sony has decentralized almost all of its tasks to an independent firm that it owns.Based on this information,which strategy is Sony pursuing?
Revising Budgets
The process of reviewing and adjusting planned budgets based on actual performance and changing circumstances.
Rolling Budget
A continuously updated budget that adds a new budget period (e.g., month, quarter) as the current period concludes, thereby extending the overall budget horizon.
Merchandising Companies
Businesses that purchase goods and resell them at a higher price without modifying the original products.
Managers
Individuals responsible for administering and controlling part or all of a company's operations.
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