Which of the Following Is a Defining Characteristic of Centralized

question 48

Multiple Choice

Which of the following is a defining characteristic of centralized organizations?

• A) Management grants absolute authority to middle managers.
• B) Managers at the top retain a great deal of authority.
• C) Employees at all levels are involved in strategic decision making.
• D) Employees at all levels are granted much authority.

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Definitions:

Corporate Policy Decisions

Strategic choices made by a company's leadership that impact its operations, ethical stance, or market position.

Revised Model Business Corporation Act

A set of laws recommended for adoption by state legislatures in the United States to standardize the regulation of corporations across states.

Shareholders

Individuals or entities that own shares in a corporation, giving them ownership interests and possibly rights to dividends and voting in company affairs.

Quorum

The minimum number of members of a deliberative body necessary to conduct the business of that group.