FOUNDATIONS OF BUSINESS
6th Edition
ISBN: 9780357685594
Author: Pride
Publisher: CENGAGE L
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Chapter 7, Problem 6DQ
Summary Introduction
To determine: The conduct in which a organization’s top management power its degree of centralization.
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.
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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.
Why are centralized organizations tend to be more ethical than decentralized ones?What is a an example in which a decentralized organization might be more ethical than a centralized one?
What are some of the advantages of Decentralization of authority in a business organisation ?
Chapter 7 Solutions
FOUNDATIONS OF BUSINESS
Ch. 7.1 - Prob. 1CCCh. 7.1 - Prob. 2CCCh. 7.2B - Prob. 1CCCh. 7.2B - Prob. 2CCCh. 7.3D - Prob. 1CCCh. 7.3D - 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
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- How can centralization lead to a more consistent and coordinated approach to business operations?arrow_forwardWhen a company is faced with a complicated problem, what should they do centralize or decentralize decision-making? Explain why.arrow_forwardCan you think that corporate administration is essential to any company's functioning?arrow_forward
- Characterize 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_forwardManagement What factors should a company consider when designing or reevaluating its organizational structure?arrow_forwardWhy should management be considered an accupation rather than a professionarrow_forward
- Chapter 11 discusses the various forms of business structures. Which form do you feel would be the most advantageous? Why? Which form do you feel would come with the most liabilities? Why? Would your answers change depending on the number of people and the type of business involved?arrow_forwardManagement is the art and science of efficiently and effectively coordinating resources, people, and processes to achieve organizational goals. It encompasses various functions, such as planning, organizing, leading, and controlling, which are essential for the smooth operation of businesses and institutions. Good management ensures that tasks are delegated appropriately, resources are utilized optimally, and employees are motivated and guided to perform their best. How can organizations strike the right balance between centralized control and decentralized decision-making to maximize efficiency and innovation?arrow_forwardWhat does management seek to gain from formal methods of joint consultation?arrow_forward
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