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This is a rationing process that provides an incentive to be efficient with use of resources.
Centralized
Refers to the system or organization where decision-making authority is concentrated at a high or singular point, often to maintain control and uniformity.
Direct Supervision
The management approach where a supervisor is directly involved in overseeing and guiding the work of subordinates, often with immediate feedback and control.
Larger Firms
Businesses or companies with a significant number of employees, extensive operations, and high revenue.
Organic Structures
Organizational frameworks characterized by flexibility, decentralized decision-making, and a lack of strict hierarchies or rules.
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