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Where do decisions travel faster because approval from many levels is not needed?
AFully formal firm
BCentralised firm
COne-level firm
DDecentralised firm
Answer & Solution
Correct answer: D. Decentralised firm
In a decentralised firm decisions are taken near the point of action, avoiding delays and distortion of information.
Related questions
Organising is described as a means of translating what into action?Which benefit of decentralisation promotes self-reliance among subordinates?Can any organisation be completely centralised or completely decentralised?What would complete centralisation of all decisions at the apex make unnecessary?Under decentralisation, where is decision making authority placed?In which type of organisation does decision making authority lie with top management?Delegation of authority establishes which relationships in the hierarchy?Which benefit of delegation prepares subordinates to become future managers?