Centralization Refers to The

question 43

Multiple Choice

Centralization refers to the:

• A) concentration of authority for most decisions at the top level of an organization.
• B) dispersion of authority to make decisions throughout all organization levels.
• C) system that allows others to make decisions and exercise discretion in their work.
• D) process of creating wide spans of control and few hierarchical levels in organizations.
• E) process of entrusting work to others by giving them the right to make decisions and take action.

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Definitions:

Master Production Schedule

A detailed plan that outlines exactly what is to be produced, in what quantities, and when, serving as a key component in the manufacturing planning process.

Continuous Operations

Business processes or production systems that run 24/7 without interruption, typically found in industries like manufacturing, utilities, and digital services.

Stock-To-Forecast

A strategy or process that involves aligning inventory levels with future sales forecasts to ensure availability of products while minimizing excess inventory.

Master Production Schedule

is a plan for individual commodities to be produced in each time period, including quantity, production start, and end dates.