In a Highly Centralized Organizational Structure

question 58

Multiple Choice

In a highly centralized organizational structure,

• A) top executive retain authority for most strategic and operating decisions.
• B) the thesis is that strict enforcement of detailed procedures backed by rigorous managerial oversight is the most reliable way to keep the daily execution of strategy on track.
• C) tight control from the top makes it easy to fix accountability when things do not go well.
• D) one of the basic tenets is that most company personnel have neither the time nor the inclination to direct and properly control the work they are performing and, further, that they lack the knowledge and judgment to make wise decisions about how best to do their work.
• E) All of these.

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Definitions:

Misrepresentation

A false statement of fact made by one party to another party, which has the effect of inducing that party into a contract.

Contract

A binding contract that is legally enforceable, created between at least two parties.

Fraudulent

Acts that are intentionally deceitful or dishonest, typically for personal gain or to cause a loss to another.

Rescission

The cancellation of a contract to return the parties to their positions before the contract was made.