Which of the Following Statements Is True Regarding a Centralized

question 74

Multiple Choice

Which of the following statements is true regarding a centralized organization?

• A) A centralized organization is more flexible than a decentralized organization.
• B) In a centralized organization, decision making is pushed down to the managers closest to the action.
• C) A centralized organization is more responsive than a decentralized organization.
• D) In a centralized organization, top managers are rarely involved in decision making.
• E) In a centralized organization, decision making is concentrated at a single point in the organization.

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Definitions:

Conditional Acceptance

An agreement to accept an offer based on specific conditions being met.

Equitable Estoppel

A legal doctrine preventing a party from denying or asserting anything to the contrary of what has been established as truth, due to previous actions, conduct, or statements.

Gratuitous Promise

This is a promise made without requiring anything in exchange, often lacking legal enforceability because it lacks consideration.

Legal Obligation

A duty enforced by law, requiring an individual or organization to act or refrain from acting in a specific manner.