A Common Characteristic of a Centralized Organization Is

question 102

Multiple Choice

A common characteristic of a centralized organization is

• A) democratic decision making.
• B) decision making by a few top-level managers.
• C) a flat span of management.
• D) placing decision making near the workplace.
• E) authority placed at lower levels.

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Definitions:

Double Compensation

The act of receiving two separate forms of payment or reimbursement for the same expense or loss.

Partner Competes

An act where a partner engages in a business activity that competes with the business of the partnership, potentially violating their fiduciary duty.

Competing Venture

A business or project undertaken by an entity that is in direct competition with another enterprise in the same market segment.

Additional Compensation

Extra payment or remuneration provided to an employee or contractor beyond their basic salary or fees, often for achieving specific targets or for extra duties.