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- 1. Multiple Choice
What is centralized decision-making?
Decision-making through a small group of senior executives
Decision-making through a large group of senior executives
Decision-making strictly through employees
Decisions made through consumers
- 2. Multiple Choice
What is an advantage of centralization
Inflexibility
Demotivating
Improved Morale
Efficiency
- 3. Multiple Choice
What is decentralization?
Decision making authority provided to customers
Decision making authority shared with other member of the firm
Less delays in decision making
Decision making power only given to senior executives and BOD
- 4. Multiple Choice
What are the disadvantages of dencentralization
Execution of tasks made easier
Costly
Input from the workforce
Teamwork
- 5. Multiple Choice
Which factor determines if a business should be centralized?
A large business
Excessive use of Information Communications Technology
A highly important decision, that has high-cost implications
Low level risk decisions
- 6. Multiple Choice
How does centralization aid in rapid decision-making?
Less people making decision, so conclusion reached quickly.
More people making decision, so conclusion reached quickly.
Less people making decision, so conclusion reached over a long period of time.
It doesn't aid in rapid decision making.
- 7. Multiple Choice
A decision which requires a high level of risk, requires which type of decision-making?
Centralized decision-making
Decentralized decision-making
- 8. Multiple Choice
Does the size of the business have an impact on the type of decision making it uses?
No
Yes
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