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What is decentralization? What benefits result from decentralization? Distinguish between a cost center, a profit center, and an investment center. What are margin and turnover?

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What is decentralization? What benefits result from decentralization? Distinguish between a cost center, a profit center, and an investment center. What are margin and turnover? What is residual income? How can using ROI to evaluate investment center managers lead to bad decisions? How does the residual income approach overcome this problem? What is a transfer price? What is suboptimization

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