An Advantage of Decentralization Is That It ________

question 121

Multiple Choice

An advantage of decentralization is that it ________.

• A) creates greater responsiveness to local needs
• B) focuses manager's attention on the organization as a whole
• C) does not result in a duplication of activities
• D) reduces the cost of gathering information

Comprehend the financial implications of supply chain decisions including NPV calculations and the effects of taxes and tariffs on offshored goods.

Identify strategies to manage risks and costs associated with global supply chains, including transportation costs and supply chain disruptions.

Understand Adam Smith's perspective on the benefits of international trade and its implications for supply chain management.

Analyze the relationship between offshoring decisions and production characteristics such as volume, variety, and labor content.

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Definitions:

2014 Agriculture Act

is a piece of legislation in the United States that made changes to food, agriculture, rural development, and nutrition policies.

Dairy Farmers

Individuals or entities engaged in the production of milk and possibly other dairy products from livestock such as cows.

Price Variability

The extent to which prices fluctuate over time, affecting the stability of markets and economic planning for both producers and consumers.

Farming Resources

The inputs required for agricultural production, including land, labor, machinery, and capital.