In profit centers
a. Managers are difficult to evaluate because there is no simple metric of how well they performed
b. Managers typically do not have the information to run their division efficiently
c. Managers' decisions can affect other divisions
d. Managers typically do not have the incentives to run their division efficiently
c
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In 2008, several of the world's central bank actively worked together to push down global interest rates. This is an example of
A) international policy coordination. B) international policy cooperation. C) international policy externalities. D) structural interdependence.
Suppose government does not allow households to deduct their mortgage interest expenses from their income tax anymore. How this change is represented in the loanable funds model?
A) The supply of funds curve shifts to the left. B) The supply of funds curve shifts to the right. C) The demand for funds curve shifts to the left. D) The demand for funds curve shifts to the right.