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Centralization of Decision-Making Tends to Create Greater Control Within an Organization,because

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Centralization of decision-making tends to create greater control within an organization,because the few decision makers become very skilled at determining the best course of action in a particular situation.


Definitions:

Buyers

Individuals or entities that purchase goods or services for personal use or for resale.

Sellers

Individuals or businesses that provide goods or services to consumers in exchange for payment.

Tax

A compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund public expenditures.

Corporations' Profits

The financial earnings that remain for a corporation after all expenses, taxes, and costs have been deducted from total revenue.

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