PLEASE briefly explain all the questions below with examples and please do not forget to provide reference/citation for each question.

1. What is meant by decentralization? Take relevant example and explain the process of decentralization.
2. What benefits result from decentralization? Take an example of a real business and how does that business get advantage from decentralization.
3. Differentiate among a cost centre, a profit centre, and an investment centre with a specific example.
4. Define a segment of an organization. Give several examples of segments.
5. What is meant by margin and turnover?
6. What are three basic approaches to improving return on investment? Assume any business and explain how these approaches help to improve ROI.
7. What is meant by residual income?
8. In what ways can the use of ROI as a performance measure for investment centres lead to bad decisions? How does the residual income approach overcome this problem?
9. What is meant by transfer price, and why are transfer prices needed?
10. Explain the balance scorecard with an example.