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:

Descriptive Statistics

Statistical methods that summarize and organize the characteristics of a dataset, including measures like mean, median, mode, and standard deviation.

Range

The difference between the highest and lowest scores in a set of data, indicating the spread of scores.

p < .05

A statistical term indicating that the probability of the observed data, or more extreme, if the null hypothesis were true, is less than 5%, often used as a threshold for statistical significance.

Experimental Group

In research, a group of subjects who receive the treatment or variable being tested for its effect.