Respond that the following statements are TRUE or FALSE: 1) A company in which major planning and
Question:
Respond that the following statements are TRUE or FALSE:
1) A company in which major planning and controlling decisions are made by top management is considered as a centralized company.
2) In a decentralized company, all the planning and controlling decisions are made by the top management.
3) Centralized operations are better for small companies due to the smaller scope of their operations.
4) Centralized companies split their operations into different divisions, or operating units, and top management delegates decision making to the division/unit managers.
5) One of the advantages of decentralization is that it allows top management to concentrate on long-term strategic planning.
Statistics For The Life Sciences
ISBN: 9780321989581
5th Edition
Authors: Myra Samuels, Jeffrey Witmer, Andrew Schaffner