The Firm's Management Style Determines Whether to Decentralize or Centralize

question 34

True/False

The firm's management style determines whether to decentralize or centralize its financial management between the parent and the foreign subsidiaries.

---

Definitions:

Social Cognitive Theory

A framework for understanding, predicting, and changing human behavior that emphasizes the role of observational learning, social experiences, and reciprocal determinism in the development of personality.

Theory of Planned Behavior

A psychological theory that predicts human behavior on the basis of attitudes, subjective norms, and perceived control over the behavior.

Description

The act of providing details or characteristics of someone or something to give a clear picture.

Organization

pertains to a structured group of people with specific roles and duties working together to achieve common goals or objectives, often in a coordinated and systematic manner.