An Advantage of the Decentralized Organization Is That

question 39

Multiple Choice

An advantage of the decentralized organization is that

• A)the focus is on formal rules, policies, and procedures backed up with elaborate control systems.
• B)there is a high level of bureaucracy.
• C)each worker knows his or her job and what is specifically expected as well as how to carry out designated tasks.
• D)it is adaptable and can quickly respond to external change.
• E)there is minimal upward communication.

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Definitions:

Auditors

Professionals who examine and verify a company's financial statements and records to ensure accuracy and compliance with accounting standards and regulations.

Unethical Behaviour

Actions that deviate from accepted moral norms or standards, often causing harm or disadvantage to others in a business context.

Stock Markets

Platforms where stocks (shares of ownership in companies) and other securities are bought and sold by investors.

Stakeholder

Anyone who potentially has a claim on a firm.