An Organisation That Has a High Level of Centralisation Is

question 42

Multiple Choice

An organisation that has a high level of centralisation is likely to have evidence of

• A)lots of emails,submissions and reports prepared for decision-makers
• B)better control systems in place and more effective decision-making
• C)better access to information,better focus,clearer surety of purpose and improved results
• D)many filters through which information is communicated and poorer outcomes

---

Definitions:

Profits

The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes involved in sustaining the activity.

Risk-Bearing

The assumption of the risk and uncertainty involved in an enterprise or investment.

Frank Knight

An influential economist known for his work on risk, uncertainty, and the role these factors play in the economy.

Henry George

An American economist and social reformer of the 19th century known for his advocacy of a "single tax" on land to improve social equity.