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QUESTIONS If decisions within a company are made by top management at headquarters, which of the following terms best describ
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Answer #1

Question 5:

In a company when the desicions are made by the top management at head quarters , the organistion is termed as centralised

The answer is Option c - Centralized Organisation

Question 6:

An organizational segment that is responsible for the cost and revenue is termed as the profit centre.

The answer is Option b - Profit Centre

Question 7:

A management control system is an integrated set of techniques for gathering and using information to make planning and control decisions for motivating employee behaviour and evaluating performance.

The answer is Third Option - Both of these

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