Question

At MultiMarkets, a chain of retail stores, top management decided to respond to the growing challenge of online retail websites with contingency planning , using planning experts to help store managers develop their own plans.

Answer 1

Answer:

False

• At MultiMarkets, a chain of retail stores, top management decided to respond to the growing challenge of online retail websites with DECENTRALIZED planning , using planning experts to help store managers develop their own plans.

Explanation:

In a corporation, decentralized planning means that some planning functions and decision making processes are delegated to lower level managers.

In this case, MultiMarkets' upper management is delegating planning functions to local store managers as a way to respond to an increase in online retailing.