For Each of the Following Activities, Characteristics, and Applications, Tell

question 101

Short Answer

For each of the following activities, characteristics, and applications, tell whether they are primarily labelled as being found in a centralized organization, a decentralized organization, or both types of organizations.
A)both
B)centralization
C)decentralization
-Have few interdependencies among divisions.

• A)both
• B)centralization
• C)decentralization
• -Have few interdependencies among divisions.

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Definitions:

Elastic

Describes a situation in economics where the demand or supply of a good is sensitive to changes in price.

Price-elasticity

A measure of the responsiveness of the quantity demanded or supplied of a good to a change in its price.

Sneaker Manufacturers

Companies engaged in the design, production, and marketing of sneakers for various consumer segments.

Price Competitive

A market condition where businesses strive to offer their goods or services at lower prices than their competitors to attract customers.