Centralization Is the Degree to Which the Authority to Make

question 86

True/False

Centralization is the degree to which the authority to make decisions is restricted to higher levels of management.

---

Definitions:

Project Value

The total worth of a project, calculated by evaluating all incoming and outgoing cash flows to determine its overall financial benefit.

Cost Reduction

Refers to strategies and actions a company undertakes to decrease its total expenses and improve profitability.

Incremental Sales

The additional sales generated from a specific marketing campaign, promotional offer, or product launch, distinguishing these sales from the base level of sales.