True or False. Centralized decision making is always superior to decentralized decision making.
True or False. Centralized decision making is always superior to decentralized decision making.
Homework Answers
Soln. Centralized decision making is not always superior to decentralized decision making. It depends on many factors and the most important factor is size of the organization. If the organization is small, then centralized decision making is superior and results efficiently but when the organization is large and complex, having multiple business units and departments, it requires several units to communicate together and centralized decision in this case may not be efficient and may not be treated as superior. Hence, the statement is False.
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True or False. Centralized decision making is always superior to
decentralized decision making.
True or False 1. A decentralized decision-making structure is always more effective than a centralized decision-making...
True or False 1. A decentralized decision-making structure is always more effective than a centralized decision-making structure. 2. One of the sources from which organizational culture comes is the history of the enterprise. 3. A firm’s staffing policy is concerned specifically with the selection of upper level management employees who have the skills required to perform a particular job. 4. Free trade is the absence of barriers to the free flow of goods and services within a domestic market. 5....
In a Centralized Organizational structure, decision-making authority is concentrated in the hands of top level managers....
In a Centralized Organizational structure, decision-making authority is concentrated in the hands of top level managers. True False QUESTION 2 Which one of the following denotes a type of corporate culture….. Integrative Centralised Formal Reward QUESTION 3 The influence that leaders & managers have over the behaviour & decisions of their subordinates is known as..... Opinion Bullying Power Communication QUESTION 4 In decentralized organizational structures the changes in policy and procedures established by top management are responded to very...
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True or false The practical significance of a decision rejecting the null hypothesis should always be considered with every statistical test outcome.
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True or False: Cost behavior is the most important characteristic of costs for managerial decision making. True or False: The quality of the cost equation depends on collecting appropriate data.
do you think your organization is centralized or decentralized - and why? What are the Pros...
do you think your organization is centralized or decentralized - and why? What are the Pros and Cons? Do you think a decentralized structure may be more responsive to patient individual needs -- why?
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Individuals can use economic principles to improve their decision-making process. True False
Investors primarily use managerial accounting information for decision-making purposes. True False
Investors primarily use managerial accounting information for decision-making purposes. True False
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Decision Making Extra Credit 1. Another name for relevant cost is avoidable cost a. True b. False 2. Wages from a job a student gives up to attend summer school would be a sunk cost a. True b. False 3. A special order of goods or services should always be accepted when the incremental revenue exceeds the normal revenue. a. True b. False 4. Employee morale, timeliness of delivery, and the reactions of customers are examples of nonfinancial factors which...
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