Centralized companies typically respond more quickly to customer needs than decentralized companies.

Answer the following statement true (T) or false (F)


False

A downside to centralization is that centralized companies typically respond more slowly to customer needs and have lower employee morale. Faced with today's turbulent environment, most firms are moving toward greater decentralization, pushing power to the lower levels of the organization. Employees with the power to make decisions can respond to customer needs more quickly and effectively. See 14-4: Organizing: Fitting Together the Puzzle Pieces

Business

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With respect to the effect of individual characteristics on ethical behavior, name some variables within an individual’s control.

What will be an ideal response?

Business

Del Monte Foods, a large corporation that manages many family food and pet food brands, sells the Contina brand of canned tomato products to supermarkets across the country. Contina is an example of a(n) ________

A) organizational brand B) support brand C) private label brand D) reseller brand E) manufacturer brand

Business

____________, also known as customized or personalized pricing, refers to the practice of price discrimination

a. Critical ratio pricing b. Dynamic pricing c. Collective pricing d. Fixed pricing e. Classical pricing

Business

The total fixed overhead variance is

A) AFOH - ApFOH. B) the sum of the spending and volume variances. C) the sum of the spending and efficiency variances. D) both AFOH - ApFOH and the sum of the spending and volume variances. E) both AFOH - ApFOH and the sum of the spending and efficiency variances.

Business