Which of the Following Would $\textbf{ not }$

question 166

Multiple Choice

Which of the following would $\textbf{ not }$ be an advantage of decentralization?

• A)Duplication of effort is minimized.
• B)Companies can develop their own managers internally by giving lower-level managers practice in developing their decision-making skills.
• C)Top management is free to focus on the long-term strategies of the organization.
• D)All of these ans choices are advantages of decentralization.

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Definitions:

Communism

Economic system in which all property would be shared equally by the people of a community under the direction of a strong central government.

Pure Competition

A market structure characterized by a large number of small firms, a homogeneous product, free entry and exit, and perfect information, leading to firms being price takers.

Tax Exemptions

Deductions from taxable income or specific revenues not subject to taxation, often granted to encourage certain activities or investments.

Patent

Guarantee to an inventor exclusive rights to an invention for 17 years.