Asked by
Jordan McCants
on Nov 06, 2024Verified
_____ is usually preferred when the decisions of a company are very risky and low-level managers lack decision-making skills.
A) Liberalization
B) Delegation of authority
C) Centralization
D) Employee empowerment
E) Specialization
Liberalization
The process of eliminating restrictions and barriers to free trade or other economic activities, often to encourage economic development.
Delegation of Authority
The process of distributing and entrusting work or decision-making power from a higher authority to lower levels within an organization or system.
- Understand decision-making centralization and decentralization in organizational contexts.
Verified Answer
MS
Learning Objectives
- Understand decision-making centralization and decentralization in organizational contexts.
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