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A Local Chain Electronics Store Does Not Allow Its Store

question 137

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A local chain electronics store does not allow its store or district managers to make important decisions about their stores.The main role of store managers is to supervise employees and make sure day-to-day transactions run smoothly while district managers supervise store managers and report profitability data back to top-level management.Not allowing store or district managers decision-making authority is most likely to be found in which type of organisation?


Definitions:

Present Value

A calculation that determines the current worth of a future sum of money or stream of cash flows, given a specific rate of return.

Annuity

A fiscal product offering a consistent payout pattern, mainly aimed at supplying funds for individuals in retirement.

Discount Rate

In DCF analysis, the interest rate employed to find out the present value of cash flows expected in the future.

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, and other assets.

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