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When a Small Business Begins, It Is Generally Simple for the Owner

question 19

Essay

When a small business begins, it is generally simple for the owner or manager to stay on top of everything going on in the business.However, as the business adds more product lines and locations.and hires more employees, it becomes more and more difficult for top management to remain informed about the company's activities.
Required:
a.What is decentralization?
b.What are four advantages of decentralization?
c.Identify and describe the three organizational centers of responsibility under a unit manager's control.


Definitions:

Imperative

Something that is necessary or of great importance, often used in the context of commands or duties.

Maxim

A short, pithy statement expressing a general truth or rule of conduct.

Agent's Reasons

Refers to the motivations or underlying reasons that drive an individual's decisions or actions.

Morality

Guidelines that separate commendable from condemnable actions.

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