MATCHING
Using the above figure, identify the letter of the choice that best matches the figure.
-Text labels
Definitions:
Centralization
The process or organizational structure where decision-making authority is concentrated at the top levels of management.
Discretion
The power or right to make decisions based on one's own judgment rather than following a strict set of rules.
Functional Departmentation
The organization of a business into departments based on functions such as marketing, sales, and human resources, to enhance efficiency and specialization.
Organizational Hierarchy
Organizational hierarchy is a system in which roles and responsibilities are ranked in order from highest to lowest, determining the flow of decision-making and authority.
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