What Are the Circumstances Under Which Decision-Making Authority Is Likely

question 139

Short Answer

What are the circumstances under which decision-making authority is likely to be decentralized?
A company where managers practice little delegation
A company where the top managers control everything
A small owner-operated company
A large organization where top managers cannot personally supervise every detail
When high dollar value decisions are made

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Definitions:

Activities Reported

A summary or record of actions, events, or operations that have taken place within a specific period.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, providing insight into what the company owns and owes as well as the amount invested by shareholders.

Purpose

The justification for the existence, creation, or action of something.

Return on Assets

Return on assets (ROA) is a financial ratio that indicates how profitable a company is relative to its total assets, calculating how effectively a company uses its assets to generate profit.