The Term "Plankton" ____

question 55

Multiple Choice

The term "plankton" ____.  

• A) refers to a taxonomic division of algae
• B) is a common term for microscopic organisms that drift or swim weakly in water
• C) includes only multicellular forms
• D) refers to small aquatic plants
• E) would apply to large brown algae

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Definitions:

Decentralization

The distribution of decision-making powers and authority away from a central location or authority to local or individual actors.

Authority

The legal or rightful power or right to make decisions, give orders, and enforce rules within a particular scope or role.

Operating Decisions

Choices made by management regarding the day-to-day operations of a business, such as pricing, inventory management, and employment levels.

Profit Center

A decentralized unit in which the manager has the responsibility and the authority to make decisions that affect both costs and revenues (and thus profits).