How does delegation impact decentralization or centralization of a firm?
In decentralization, the delegation of authority is undertaken in a systematic manner in an iteration, from higher level to that of the bottom-most level of authority. In centralization, there is no delegation of powers to the lower levels of the management. The decision-taking power and accountability are both centralized thus.
In this way, it could be said that it is the degree of delegation that determines whether the firm is centralized in its power or decentralized.
How does delegation impact decentralization or centralization of a firm?
In what ways are centralization, decentralization and coordination related to organization design?
In what ways are centralization, decentralization and coordination related to organization design? (Multinational business course) min 200 words
1. Define the process of organizing and list its purposes. 2. Explain centralization, decentralization, and employee empowerment. How do experts in organizational design view these concepts in today's workplace? 3. What is meant by departmentalization? In a short essay, list and discuss the five common forms of departmentalization. 4. Write a short essay on work specialization.
Explain the following key terms with 2-3 sentences each: centralization: decentralization: divisional structure: functional structure: network structure: matrix structure:
A typical branch banking organization has complete centralization of authority has complete decentralization of authority O has partial decentralization of authority O is completely operated by regulators. O is completely operated by shareholders. Question 9 0.67 pts "New" bank is planning to set up a new branch. It expects the new branch to generate 10 percent of the total business of the bank after it is opened. The bank expects the returns on this branch to be 30 percent with...
who really owns a corporation and how does this impact the
goal of a firm
Who really owns a corporation, and how does that impact the goal of 4 the firm?
74 Who really owns a corporation, and how does that impact the goal of the firm?
59) Subdividing an organization into smaller subunits is known as A) centralization. B) delegation. C) standardization. E) diversification. 60) One advantage of delegation is the fact that it A) reduces the subordinate's workload. B) reduces accountability for the job. C) formalizes power in the company D) helps subordinates develop new skills. E) absolves the delegating manager of responsibility. 61) In a decentralized organization, more of the decisions are made by the A) board of directors and stockholders. B) upper levels...
3. ANS: In what way does management's willingness to assume risk impact the firm?
How does the demand curve faced by the firm in a purely competitive market differ from the demand curve faced by a firm participating in a monopolistically competitive market? How might that impact the price of the product in the the marketplace and the quantity the firm produces?