With Respect to Centralization and Decentralization, the Current Trend Is

question 24

Multiple Choice

With respect to centralization and decentralization, the current trend is for organizations to ___.

• A) centralize both decision making and control
• B) decentralize both decision making and control
• C) decentralize decision making and centralize control
• D) centralize decision making and decentralize control
• E) de-emphasize the roles of centralization and decentralization in decision making and control

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Definitions:

Risk of Loss

The potential that an investment's value may decrease or that a business may suffer losses.

Transit

The movement of people or goods from one location to another, which can involve multiple modes of transportation such as buses, trains, and ships.

Conditional Sales Contract

A sales agreement that grants possession of an asset to the buyer, but withholds legal ownership until all terms have been fulfilled, typically payment in full.

Sale Itself

An actual transaction or agreement where a seller agrees to transfer ownership of goods or property to a buyer for a price.