A Management Strategy of Giving Separate Organization Units the Responsibility

question 11

Multiple Choice

A management strategy of giving separate organization units the responsibility to design and administer their own compensation systems is _____.

• A)known as a centralized strategy
• B)known as a decentralized strategy
• C)the best approach to design
• D)rarely done in today's organizations

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Definitions:

Long-Term Perspective

An approach to planning and decision-making that considers impacts and outcomes over an extended period, rather than focusing on short-term results.

Entrepreneurial Transformations

The process by which businesses or individuals innovate or change their strategies and operations to adapt to new markets or overcome challenges.

Philanthropist

An individual who seeks to promote the welfare of others, especially by donating large sums of money to charitable causes.

Public School

An educational institution that is funded and operated by the government, offering free education to students.