All of the Following Are Potential Advantages of Decentralization Except

question 114

Multiple Choice

All of the following are potential advantages of decentralization except

• A)Frees top management's time
• B)Encourages use of expert knowledge
• C)Potential duplication of costs
• D)Provides training

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Definitions:

Utility

In economics, utility refers to the total satisfaction received from consuming a good or service.

Diminishing Marginal Utility

The principle that as a person increases consumption of a product, there is a decline in the additional satisfaction or utility that person gains from consuming one more unit of the product.

Demand Curve

A graph showing the relationship between the quantity of a good that consumers want to buy and its price.

Downward Slope

A graphical representation indicating a decrease or decline in value, often used in reference to graphs showing relationships such as demand curves.