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Business, 01.03.2021 22:30 natu2072

The Oriental Trading Company uses a cost leadership strategy. It has a "110% Lowest Price Guarantee," which says that if a customer can provide an advertisement with a lower price from another company, the Oriental Trading Company will refund 110% of the difference in price. The Oriental Trading Company will be more effective if it has structure. Which of the following reasons explain this? Check all that apply. Decentralized decision making allows for greater flexibility in meeting customer needs. Centralized decision making allows the organization to place tighter controls on the way work is done and, in the process, achieve economies of scale. Shorter chains of command and horizontal communication allow for increased innovation. Functional structures create highly trained, specialized employees who are extremely efficient at what they do.

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