Decentralized Organizational Structures Tend to Concentrate Power and Authority Within

question 58

True/False

Decentralized organizational structures tend to concentrate power and authority within a relatively tight group of individuals in the firm.

Recognize sources of job stress in the modern work environment.

Differentiate between long-term and short-term strategies for handling burnout and stress.

Analyze phases in the attitude curve in response to organizational change.

Identify examples of emergency aid actions for immediate stress relief.

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Definitions:

Central Planning

A system where economic decisions, such as the allocation of resources, are made by the government or a centralized authority.

Market System

An economic system in which market forces of supply and demand guide the production of goods and services and their distribution.

Property Rights

The theoretical and legal ownership rights assigned to the use, control, and transfer of property, which can be applied to both physical and intellectual properties.

Central Planning

An economic system where decisions regarding production and investment are embodied in a comprehensive plan formulated by a central authority, typically the government.