Which of the following is a disadvantage of decentralization?

A) Decisions made by one manager may negatively affect the profitability of the entire company.
B) Helps retain quality managers.
C) Decision making by managers closest to the operations.
D) Managers are able to acquire expertise in their areas of responsibility.


A

Business

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The net cost of normal spoilage in a job-order costing system in which spoilage is common to all jobs should be

a. assigned directly to the jobs that caused the spoilage. b. charged to manufacturing overhead during the period of the spoilage. c. charged to a loss account during the period of the spoilage. d. allocated only to jobs that are completed during the period.

Business

Columbus Industries makes a product that sells for $25 a unit. The product has a $5 per unit variable cost and total fixed costs of $9,000. At budgeted sales of 2,000 units, the margin of safety ratio is:

A. 22.5%. B. 77.5%. C. 10%. D. None of these.

Business

_____ refers to online services, resources, and applications that are delivered over the Internet and accessed through an array of Internet-connected devices, such as tablets, laptops, and smartphones

A. Telecommuting B. Crowdsourcing C. Service offshoring D. Cloud computing

Business

The big-dream approach requires the entrepreneur to dream about the problem and its solution, thinking big. 

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

Business