BUSINESS ADMINISTRATION
PRINCIPLES AND PRACTICE OF MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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formalization
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centralization
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decentralization
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Detailed explanation-1: -Formalization. The degree to which organizations standardize behavior through rules, procedures, formal training, and related mechanisms.
Detailed explanation-2: -Organizational structure is the degree to which standardized procedures are in place in an organization. Work specialization is also known as division of labor. The chain of command is a principle that states that a person should report to only one boss.
Detailed explanation-3: -Formalization. Formalization is the extent to which an organization’s policies, procedures, job descriptions, and rules are written and explicitly articulated. Formalized structures are those in which there are many written rules and regulations.
Detailed explanation-4: -These factors include the size of the organization, the speed of change in its environment, managers’ willingness to give up authority, employees’ willingness to accept more authority, and the organization’s geographic dispersion.