By Centralizing the Operating Decisions, Central Management Has More Freedome

question 31

True/False

By centralizing the operating decisions, central management has more freedome to engage in strategic planning and decision making.

---

Definitions:

Deadweight Loss

A loss in economic efficiency that can occur when equilibrium for a good or a service is not achieved or is not achievable.

Imposition

The act of establishing or applying something by authority or force, often referring to taxes, duties, or policies.

Tax

A necessary tax or other charge placed on individuals by a government agency, with the purpose of generating revenue for government operations and miscellaneous public outlays.

Tax Revenue

The income that is collected by governments through taxation, which supports public spending and services.