The chief advantages of a centralized organizational structure includeCopyright © by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation.O having a small number of top-level managers micromanage the business by (1) requiringlower-level subordinates to obtain top management approval before taking action on theirown and (2) personally making most decisions themselves.O a virtual guarantee of arriving at the "best" decision from the standpoint of the company as awhole.O speedy decision-making-because the manager-in-charge of an organizational unit has theauthority to decide what to do without consulting others (there is no requirement to spendtime gathering and processing information from others).O faster implementation of new ideas for doing things better and increased ability to reduce thelayers of managerial bureaucracy.Omaking it easy to know who is accountable when things do not go well and reducing thepotential for conflicting decisions and actions among lower-level managers who may havediffering perspectives and ideas about how to tackle certain tasks or resolve particular issues.

Organizational structure helps in directing that how the activities would be performed in the…

Answered: The chief advantages of a centralized…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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The COSO's component that does 'encompass the actions, policies, and procedures that reflect the overall attitudes of top management, directors, and owners of an entity about internal control and its importance to the entity' is: A- Control environment. B- Risk assessment. C- Control activities. D- Information and communication.
None
1. What was the overarching reason FreshDirect encountered issues with the move to the larger facility? They did not upgrade the technology to meet the demands of the new facility. They did not take into account the need for additional employees. They did not fully test the new technology before switching to the new system. They assumed that customers would remain loyal rather than switching to a closer rival. 2.Suppose you own a mid-size berry farm in upstate New York. You can sell your crops to FreshDirect or a traditional store. Why would you choose to work with FreshDirect over the traditional grocer? Your profits would be higher since FreshDirect works directly with suppliers. You can pay FreshDirect slotting fees to obtain prime shelf space. You would be pit against other farms for the lowest price. You would be required to cobrand products to strengthen the FreshDirect brand. You can set your own…
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Part 11. Describe three (3) major functions of management and leadership development in organizations making transitions from one stage of growth to the next. Which of the three (three) functions is most important? Why?2. Discuss the different needs for management and leadership development that companies have in the first four (4) stages of organizational growth.Part 21. Discuss two (2) important aspects of organizational control. Which aspect is most important for organizational success?2.Describe the seven (7) key components of a performance management system. Are any of the components more important than the others? Why?Part 3Assignment 3: Planning for Long-Term Success You are to write a three to four (3â€“4) page paper that answers the following:1.Once an organization has identified its business foundation, it begins the process of developing tasks that are critical in determining its success in each stage of growth. Describe the six (6) developmental tasks that…
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