Which One of the Following Falsely Characterizes a Centralized Organizational

question 13

Multiple Choice

Which one of the following falsely characterizes a centralized organizational structure?

• A)Top executives should retain authority over most strategic and operating decisions and keep a tight rein on business-unit heads,department heads,and the managers of key operating units.
• B)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 by the manager in charge makes it easy to fix accountability when things do not go well.
• D)Most company personnel have neither the time nor the inclination to direct and properly control they work they are performing,and they lack the knowledge and judgment to make wise decisions about how best to do their work.
• E)A company that draws on the combined intellectual capital of its people can outperform a company that relies on command and control.

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Definitions:

Market-based Systems

Economic systems where decisions regarding investment, production, and distribution are based on supply and demand, and prices are determined in free markets.

Personal Wealth

Refers to the total value of all assets (such as money, investments, real estate) minus liabilities, owned by an individual or household.

Total Factor Productivity

A measure of the efficiency of all inputs used in the production process, reflecting the overall effectiveness with which inputs are converted into outputs.

Gini Coefficient

A statistical measure of income or wealth distribution within a nation, indicating inequality.