Matching -Decentralization

question 2

Multiple Choice

Matching
-Decentralization

• A)relies on all employees to collect and communicate information, in order to make decisions and recommend changes
• B)a manager grants power and authority to another team member
• C)synchronization of an organization's functions, in order to ensure efficient use of resources in pursuit of goals and objectives
• D)groups together processes and jobs based on functions, products, or customers
• E)degree to which policies and procedures determine specific jobs and functions
• F)focusing a group or individual's activities based on their strengths, aptitude, or skills
• G)performance context where policies and procedures seek to create uniform results

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Definitions:

Industrial Revolution

The period of major industrialization that took place during the late 1700s and early 1800s which transformed economies that had been based on agriculture and handicrafts into economies based on large-scale industry, mechanized manufacturing, and the factory system.

Productivity Growth

An increase in the efficiency of producing goods or services within an economy, often leading to more output for the same amount of inputs.

Raise Savings

Encouraging or implementing strategies to increase the amount of money that individuals or entities set aside for future use rather than spending immediately.

NIC

Newly Industrialized Country, referring to nations experiencing rapid economic growth and industrialization.