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One of the Reasons for Decentralization Is More Timely Response

question 131

Multiple Choice

One of the reasons for decentralization is more timely response. This means


Definitions:

Markets

Places or systems where buyers and sellers engage in exchange of goods, services, or financial instruments.

Households

Individuals or groups of people living together who make joint decisions on the consumption of goods and services.

Firms

Business entities engaged in commercial, industrial, or professional activities with the aim of generating profits.

Ethics Check

A process or checklist used to ensure decisions or actions comply with ethical standards or principles.

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