Artem, the president of Instructor Services, told one of his new hires that "Managers at this company are encouraged to solve their own problems rather than buck the decision to a higher level, and decisions are made more quickly, which increases our organization's flexibility and efficiency." The key benefits of _______ are the advantages that Artem related to his new hires.
A. centralized authority
B. management accountability
C. management responsibility
D. decentralized authority
E. work specialization
D. decentralized authority
An advantage in having decentralized authority is that managers are encouraged to solve their own problems rather than buck the decision to a higher level. In addition, decisions are made more quickly, which increases the organization's flexibility and efficiency.
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What are the features of a value pricing approach?
What will be an ideal response?
The purpose of managerial accounting is to:
a. serve the needs of management. b. serve the needs of creditors. c. serve the needs of stockholders and regulators. d. serve the needs of the IRS and government agencies. e. serve the needs of all these groups.
Most recruiters favor a ________ résumé because it quickly reveals a candidate's education and experience
A) scannable B) functional C) chronological D) online
Whole Foods differentiates itself from competitors by offering top-quality foods obtained through sustainable agriculture. This business strategy implies that Whole Foods focuses on
A. maintaining a less steeper learning curve as compared to its competitors. B. lowering its costs compared to its competitors,' while offering adequate value for its products and services. C. decreasing the existing value gap by providing luxury goods to customers. D. increasing the perceived value created for customers, which allows it to charge a premium price.