All of the Following Are Advantages of Decentralization Except

question 122

Multiple Choice

All of the following are advantages of decentralization except

• A)duplication of costs
• B)frees top management time
• C)supports use of expert knowledge
• D)improves motivation and retention

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Definitions:

Medium of Exchange

An intermediary instrument used to facilitate the sale, purchase, or trade of goods between parties.

Federal Funds Rate

The interest rate at which depository institutions trade federal funds (balances held at Federal Reserve Banks) with each other overnight.

Federal Reserve

The central banking system of the United States, responsible for monetary policy, regulation of financial institutions, and stability of the financial system.

Open-market Purchase

The buying of securities by a central bank from the market to inject liquidity and encourage economic growth.