Hop Save Which of the following is not an advantage of decentralization? Multiple Choice I delegates day-to-day problem solving to lower level managers, thereby enabling top-level managers to concentrate on overall strategy It empowers lower-level managers to make decisions based on up-to-date information about day-to-day operations. It eliminates layers of decision making and approvals so that organizations can respond more quickly to customers and changing circumstances. It enables lower-level managers to focus on achieving their own objectives rather than focusing on the overall goals of the company A responsibility center is best described as: 2 Multiple Choice 59:17 any part of an organization that has responsibility for optimizing customer service and satisfaction. any financial sub-unit within an organization that has the responsibility to account for the performance of other organizational sub units. any part of an organization whose manager has control over and is accountable for cost, profit, or investments. any part of an organization that has responsibility for managing product and service quality Return on investment (ROI) could be calculated using which of the following formulas? Multiple Choice Turnover (Net operating income + Sales) Turnover (Sales + Net operating income) Turnover - (Average operating assets + Sales) Turnover * (Sales - Average operating assets) Which of the following statements is true? Multiple Choice O Assuming all else holds constant, if the selling and administrative expense decreases, then the margin will increase. Assuming all else holds constant, if the selling and administrative expense decreases, then the margin will decrease Assuming all else holds constant, if the selling and administrative expense decreases, then the turnover will increase Assuming all else holds constant, if the seling and administrative expense decreases, then the turnover will decrease