Which of the Following Hinders Decentralization

question 8

Multiple Choice

Which of the following hinders decentralization?

• A) Formation of self-directed work teams
• B) Micromanaging by managers
• C) Employee involvement in decision-making process
• D) Limited number of hard rules
• E) Smaller and less dependent organizational units

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Definitions:

Labor-Leisure Choices

The decision-making process that individuals use to allocate their time between working to earn money and enjoying leisure activities.

Equilibrium Wage Rate

The compensation level where labor availability matches labor needs.

Profit-Maximizing

A strategy or approach aimed at achieving the highest possible profit.

Perfectly Competitive

A market structure characterized by many small firms, homogeneous products, and easy market entry and exit, leading to minimal profit margins for the firms.