Examlex

Solved

For Each of the Following Activities, Characteristics, and Applications, Identify

question 110

Essay

For each of the following activities, characteristics, and applications, identify whether they can be found in a centralized organization, a decentralized organization, or both types of organizations.
________a.Freedom for managers at lower organizational levels to make decisions
________b.Gathering information may be very expensive
________c.Greater responsiveness to user needs
________d.Have few interdependencies among divisions
________e.Maximum constraints and minimum freedom for managers at lowest levels
________f.Maximization of benefits over costs
________g.Minimization of duplicate functions
________h.Minimum of suboptimization
________i.Multiple responsibility centers with various reporting units
________j.Profit centers


Definitions:

Sell the Franchise

The act of transferring ownership of a franchise from one individual or entity to another, often involving a contractual agreement.

Franchise Contract

A legal agreement between a franchisor and franchisee that allows the franchisee to operate a business under the franchisor's brand and system in exchange for fees or royalties.

Exclusive Territorial Rights

Rights granted to a party to be the sole provider or seller of a product or service within a specific geographical area.

Antitrust Laws

Legislation designed to promote competition and prevent monopolies by regulating anti-competitive conduct among companies.

Related Questions