Decisions regarding sources of long-term financing are best made at subunit level as the subunit has local knowledge and can leverage it in negotiations.

Name: Decisions regarding sources of long-term financing are best made at subunit level as the subunit has local knowledge and can leverage it in negotiations.
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Question

Quizplus · Accepted Answer

Such decisions are best made at a centralized level as corporate managers have better information about financing terms in different markets and can obtain the best terms.

Decisions Regarding Sources of Long-Term Financing Are Best Made at Subunit