Fayol Believed That Decision-Making Authority Should Remain in the Hands

question 100

Multiple Choice

Fayol believed that decision-making authority should remain in the hands of top management:

• A)in small organizations,but should be delegated to middle and first-line managers in large organizations.
• B)in large organizations,but should be delegated to middle and first-line managers in small organizations.
• C)in all types and sizes of organizations.
• D)only in organizations subjected to a significant government regulation.

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Definitions:

Transnational Firms

Businesses that function internationally, handling production or providing services in multiple countries.

Cultural Differences

The variety in practices, norms, and social behaviors that exist among various cultures, affecting communication, management, and interpersonal relations.

Multinational Firm

A company that operates in multiple countries, managing production or delivering services in more than one country outside of its home country.

Unique Parts

Distinctive components or aspects of a product or service that set it apart from competitors in the market.