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As a strategic issue, budget slack could represent a: Multiple Choice Problem only in a decentralized management environment. Significant increase in the relative risk aversion

As a strategic issue, "budget slack" could represent a:
Multiple Choice
Problem only in a decentralized management environment.
Significant increase in the relative risk aversion of managers.
Lower overall level of expected performance than is achievable.
Self-correcting problem over several operating periods.
Very minor issue in most firms.

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