Examlex
Explain the function of a control group in an experimental study.
Investment Center
A decentralized unit in which the manager has the responsibility and authority to make decisions that affect not only costs and revenues but also the fixed assets invested in the center.
Plant Assets
Physical resources that are owned and used by a business and are permanent or have a long life; long-term or relatively permanent tangible assets such as equipment, machinery, and buildings that are used in normal business operations.
Decentralization
The distribution of decision-making power away from a central authority, allowing for greater autonomy at lower levels of an organization.
Authority
The power or right to give orders, make decisions, and enforce obedience.
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