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Decentralizing the risk-return tradeoff in a company is important for all of the following reasons EXCEPT: A. overall company risk can be completely eliminated through closer examination of individual business units’ risks. B. risk management culture can be transformed within the company through a consistent and systematic assessment of risks by all business units. C. managers have the knowledge and expertise to assess and manage risk in their respective business units. D. incentives are provided to encourage managers of business units to consider important risks in their decision making. |