The Organizing Challenge of a Decentralized Structure Which Stresses Employee

question 29

Multiple Choice

The organizing challenge of a decentralized structure which stresses employee empowerment is:

• A) how to keep empowered employees from making lots of stupid decisions.
• B) establishing a collegial,collaborative culture so that decisions can be made by gaining a quick consensus on what to do and when to do it.
• C) how to avoid de-motivating employees (because empowered employees are expected to take responsibility for their actions and decisions).
• D) how to exercise control over the actions and decisions of empowered employees so that the business is not put at risk while trying to capture the benefits of empowerment.
• E) how to convince lower-level managers and employees that they are empowered.

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Definitions:

Master Budget

An inclusive financial planning document that consolidates all individual budgets related to sales, cost of goods sold, operations, overheads, and capital expenditures.

Credit Sales

Sales made by a business where payment is delayed as per agreed terms with the buyer.

Cash Collections

The process of receiving cash payments from customers, typically for goods sold or services rendered.

Finished Goods Inventory

This refers to the value of goods in a company's inventory that are completed and ready for sale.