Centralized Companies Split Their Operations into Segments and Top Management

question 235

True/False

Centralized companies split their operations into segments and top management delegates decision making to the segment managers.

---

Definitions:

Structuralist

In economics, refers to a theory focusing on structural impediments to economic development, emphasizing the need for comprehensive reforms to overcome these barriers.

Antitrust Law

Legislation enacted to prevent monopolies, promote competition, and guard against anti-competitive practices in the marketplace.

Market Shares

Describes the portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in that market.

Laissez-faire Antitrust

An approach to antitrust policy that minimizes government intervention in the market, based on the belief that markets should regulate themselves.