Bundle: Foundations of Business, Loose-Leaf Version, 5th + MindTap Introduction to Business, 1 term (6 months) Printed Access Card
5th Edition
ISBN: 9781337494809
Author: William M. Pride, Robert J. Hughes
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Question
Chapter 7, Problem 10DQ
Summary Introduction
To determine: The types of firms almost certainly would function most effectively as centralized firm and decentralized firm.
Introduction: The Delegation of Authority is a procedure wherein the managers of the organization appoint duty to its subordinate alongside the specific expert to achieve the assignment for the manager’s benefit.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
Which kinds of firms would operate most effectively as centralized firms? Give an example. As decentralized firms? Give an example.
What areas of an organization (e.g., what functions) do you think are the best to decentralize?
Which management function is responsible for the filling up of the different job positions in the organization’s structure
Chapter 7 Solutions
Bundle: Foundations of Business, Loose-Leaf Version, 5th + MindTap Introduction to Business, 1 term (6 months) Printed Access Card
Ch. 7.1B - Prob. 1CCCh. 7.1B - Prob. 2CCCh. 7.2C - Prob. 1CCCh. 7.2C - Prob. 2CCCh. 7.3E - Prob. 1CCCh. 7.3E - Prob. 2CCCh. 7.4B - Prob. 1CCCh. 7.4B - Prob. 2CCCh. 7.5B - Prob. 1CCCh. 7.5B - Prob. 2CC
Ch. 7.6D - Prob. 1CCCh. 7.6D - Prob. 2CCCh. 7.7 - Prob. 1CCCh. 7.7 - Prob. 2CCCh. 7.8 - Prob. 1CCCh. 7.8 - Prob. 2CCCh. 7.9 - Prob. 1CCCh. 7.9 - Prob. 2CCCh. 7 - Prob. 1DQCh. 7 - Prob. 2DQCh. 7 - Prob. 3DQCh. 7 - Prob. 4DQCh. 7 - Prob. 5DQCh. 7 - Prob. 6DQCh. 7 - Prob. 7DQCh. 7 - Prob. 8DQCh. 7 - Prob. 9DQCh. 7 - Prob. 10DQCh. 7 - Prob. 11DQ
Knowledge Booster
Similar questions
- The business environment is a complex and dynamic system that encompasses a multitude of factors influencing the operations, strategies, and success of an organization. It comprises both internal and external elements that shape the way businesses operate and make decisions. Internally, factors such as organizational culture, structure, and resources play a crucial role in defining the company's capabilities and limitations. On the external front, economic conditions, technological advancements, legal and regulatory frameworks, socio-cultural trends, and the competitive landscape all contribute to the overall business environment. In the ever-evolving global marketplace, businesses must constantly adapt to changes in the environment to remain competitive and sustainable. Economic fluctuations, for instance, can impact consumer spending patterns and demand for products or services. Technological advancements may create new opportunities for innovation but also pose challenges for…arrow_forwardWhy is an organization that employs centralized processing likely to have a difference management decision making philosophy than an organization that employ distributed processing?arrow_forwardWhen a company is faced with a complicated problem, what should they do centralize or decentralize decision-making? Explain why.arrow_forward
- A system must have organization, interrelationships, integration, and centralobjectives. Why must each of these four components be present in a system?arrow_forwardWhat are some common challenges faced in implementing system management strategies in large enterprises?arrow_forwardHow can organizations effectively manage knowledge sharing in a decentralized structure?arrow_forward
- Management has the responsibility of taking action to enable a business to operate. Management makes decisions about the direction and actions of the business, and it involves accomplishing goals that are focused on the success of the company by using effective human and other resources, according to the structure it has. Imagine that you worked in a company that has a bureaucratic structure. Based on this experience, do you think that the company has the best structure for its functions and the number of employees it has? And, according to that structure, do you consider that there are business leaders there? Explain. Use the video in the 'In-Depth: Types of Company Structures' to guide you in your answer.arrow_forwardHow can organizations ensure that their business processes align with their strategic objectives and goals?arrow_forwardCharacterize the following organizations on the basis of their structure and on their degree of formalization, centralization local, and complexity: a large pharmaceutical company a franchise of a national fast-food chain a large retail establishment.arrow_forward
- A company’s organization consists of its structures, policies, and corporate culture. true or falsearrow_forwardRecommend suitable organisation structures to promote knowledge management in the business, as one of the key aspects of the knowledge management infrastructure. Justify your suggestions,i have chosen a bank as a businessarrow_forwardWhat is the difference between centralized and decentralized management of IT?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
