Terms to Learn

This chapter and the Glossary at the end of the text contain definitions of the following important terms:

1. autonomy
2. decentralization
3. dual pricing
4. dysfunctional decision making
5. effort
6. goal congruence
7. incongruent decision making
8. intermediate product
9. management control system
10. motivation
11. perfectly competitive market
12. suboptimal decision making
13. transfer price