In a centralized organization, <u>few people</u> make all the important decisions.
<h3>What is a centralized organization?</h3>
A centralized organization is an organization of people in which the few people holding the position of higher authority of the hierarchy make and take decision.
Decisions are made by a small group of people elected in a centralized organization and then communicated to a larger number of people at the lower level. The president is usually the highest hierarchy of people who make decisions.
Decision making in a centralized organization is efficient because few people are involved.
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Answer:
Perception
Explanation:
Perception is the way you think about or understand someone or something. It is also what you understand or interpret from your five senses – touch, sight, sound, smell, and taste. However, perception is colored by our past experiences, feelings and thoughts.
Based on the computation done, the value of the combined gross monthly income is $7630.
Since there are four weeks in a month, Joe's income will be:
= 23.50 × 40 × 4
= 3760
The value of Zola's income will be:
= 21.50 × (40 + 5) × 4
= 21.50 × 45 × 4
= 3870
Therefore, the combined gross monthly income will be;
= $3760 + $3870
= $7630
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Suppose that both firms start off not advertising. If firms act independently, what strategies will they end up choosing (option B) - Both firms will advertise)
<h3>What is an advert?</h3>
An advert is a mass or public media message with is designed to convince people to but into a product, service or an idea.
Hence, it is correct to state rival firms will end up advertising.
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Full Question:
Suppose that both firms start off not advertising. If firms act independently, what strategies will they end up choosing?
A) fizzo will choose not to advertise and Pop Hop will choose to advertise.
B) Both firms will advertise
C) Both firms will choose NOT to advertise
D) Fizzo will chose to advertise and Pop will choosenot to advertise.
