In an Investment Center, the Manager Has the Responsibility and the Authority

question 31

True/False

In an investment center, the manager has the responsibility and the authority to make decisions that affect not only costs and revenues, but also the plant assets invested in the center.

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Definitions:

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that comprises a five-tier model of human needs, depicted as hierarchical levels within a pyramid; from the bottom of the hierarchy upwards, the needs are: physiological, safety, love and belonging, esteem, and self-actualization.

Recognition

The acknowledgment or appreciation of someone's effort, achievements, or status.

Motivated Sequence

A method of organizing persuasive speeches aimed at eliciting a desired response from the audience, typically involving steps such as attention, need, satisfaction, visualization, and action.

Persuasive Pattern

A strategic arrangement of arguments and information designed to effectively convince or influence an audience.