A Decentralized Organization Is One in Which Decisions Are Made

question 75

True/False

A decentralized organization is one in which decisions are made by top management and then implemented by managers at lower operating levels.

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Definitions:

Confidence Interval

A range of values, derived from statistical analysis, that is likely to contain the true parameter value.

Sample

A subset of a population selected for measurement, observation, or questioning to provide data for analysis.

Mean

A mathematical term that represents the sum of values in a dataset divided by the number of values, serving as a measure of central tendency.

Standard Deviation

An index showing the degree of spread or variability among a collection of numbers.