The global nature of business today makes complete centralization impossible. t/f

True.

Explanation:

Some economic historians date the early beginnings of globalization since the discovery of america in 1492. For that reason, the commercial networks of the world has grown exponentially and the centers of commerce in the world are not centralized anymore.

In that context, firms understand that their strategical success depends upon the flexibility in the management of the markets where the firms have presence. Evidence of the previous statement is the strategical shift suffered by houndreds of companys, which have changed their managerial structure from a center/pyramidal view to a descentralized business units around the world with complete or partial autonomy.

answer; /// i believe its (bas design);

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.