ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The act of putting authority with top management
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deparmentalization
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centralized organization.
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line authority.
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line and staff authority.
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Explanation:
Detailed explanation-1: -Centralization refers to a setup in which the decision-making powers are concentrated in a few leaders at the top of the organizational structure. Decisions are made at the top and communicated to lower-level managers for implementation.
Detailed explanation-2: -The chain of command within an organization that confers the power to order subordinates to perform a task within their job description.
Detailed explanation-3: -The step that distributes responsibility and authority within an organization is called delegation.
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