Examlex
List three kinds of real options that are most frequently encountered in practice.
Decentralization
The distribution of functions, powers, people, or things away from a central location or authority, often to increase efficiency or responsiveness.
Quality Managers
Professionals responsible for monitoring and evaluating the various stages of the production process to ensure that the final product meets predetermined quality standards.
Decentralization
The distribution of decision-making power and responsibility to lower levels within an organization.
Responsibility Accounting Reports
These are financial reports designed to track the financial performance of specific departments or units within an organization, emphasizing accountability and performance evaluation.
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