Decentralization Refers to the Delegation of Decision-Making Authority To

question 72

Multiple Choice

Decentralization refers to the delegation of decision-making authority to:

• A) top management.
• B) superiors.
• C) board of directors.
• D) subordinates.

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Definitions:

Corporate Branding

Corporate branding is the practice of promoting the brand name of a corporate entity, as opposed to specific products or services, to enhance its reputation and identity.

Samsung Electronics

A multinational electronics company headquartered in South Korea, known for manufacturing a wide range of consumer and industry electronics, including smartphones, TVs, and semiconductors.

Samsung Life Insurance

A major life insurance company based in South Korea, providing a range of life insurance and financial services.

Product Line Extension

The addition of new products to an existing product line, usually closely related to one or more of the existing products, aimed at capturing a wider segment of the market.