Which of the following is a benefit of centralization?
A) more decision authority by lower managers
B) less duplication of effort
C) faster decision making
D) more responsiveness to customers
E) higher employee morale
Answer: B
Explanation: B) Less duplication of effort is a benefit of centralization, along with more control by top management and greater specialization.
Business
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Which of the following losses is generally covered under a commercial umbrella policy?
A) liability arising out of workers compensation laws B) liability arising out of pollution C) liability arising out of use of a business auto D) the cost of recalling defective products
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Each level of a supply chain has a distinct source of revenue
Indicate whether the statement is true or false
Business