Indicate Whether Each of the Following Statements About Decentralization Is

question 27

Short Answer

Indicate whether each of the following statements about decentralization is true or false.
_____ a) Decentralization of an organization means that the organization has operations in many different places.
_____ b) Decentralization allows local managers to make more decisions.
_____ c) Decentralization means delegating authority to managers and holding them responsible for their performance.
_____ d) Investment centers tend to appear in the upper levels of a company's organization chart.
_____ e) Managers of investment centers are accountable for assets, liabilities, and earnings.

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Definitions:

Psychological Processes

The functions of the mind that encompass thoughts, emotions, and behaviors, which influence personality, perception, and overall mental health.

Genetic Defects

Abnormalities in an organism's DNA that can lead to diseases or malformations, often inherited from parents.

Inferiority Complex

A psychological condition in which a person feels a deep sense of inadequacy and lack of self-worth, often in comparison to others.

Postsecondary Education

Education provided after high school, including programs at colleges, universities, and vocational schools.