Businesses that are separated into two or more manageable units in which managers have authority and responsibility for operations are said to be
A) decentralized
B) consolidated
C) diversified
D) centralized

Question

Quizplus · Accepted Answer

Decentralized businesses have divided their operations into smaller, more manageable units with separate managers who are responsible for their respective units. This allows for faster decision-making, greater flexibility, and better use of local knowledge and resources. Consolidated businesses refer to the merging of two or more separate businesses into a larger, single entity. Diversified businesses involve investing in multiple, unrelated industries or markets. Centralized businesses have all decision-making and operations controlled by a single, central authority.

Businesses That Are Separated into Two or More Manageable Units