Which of the following is a disadvantage of decentralization that occurs when the organization struggles to achieve goal congruence?
A) Unit managers may not understand the big picture of the company.
B) Management does not have time to concentrate on long-term strategic planning.
C) Unit managers have decreased motivation and retention.
D) Managers receive training and experience to allow advancement in the organization.
A
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Which one of the following statements regarding simulation analysis is FALSE?
A) Simulation analysis is a form of hypothesis testing. B) In simulation, dependent variables reflect the values of both the decision variables and the uncontrollable variables. C) Statistical methods require the replication of simulation runs. D) Each time a simulation model is run for a given set of decision variables, the same random numbers must be used.
A bond with short maturity has less "interest rate risk" than a bond with long maturity when all other features—coupon interest rate, par value, and interest payment frequency—are the same
Indicate whether the statement is true or false