ENTREPRENEURIAL OPERATIONS
LEADERSHIP STYLES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A(n) ____ organization is when authority within a business is given to various managers
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centralized
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decentralized
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -When the power of making multiple business decisions is not exclusively retained by the top management and is provided to all managers throughout the organization, there is no centralization of the decision-making authority. Such an organization is known as a decentralized one.
Detailed explanation-2: -In centralized organizations, strategic planning, goal setting, budgeting, and talent deployment are typically conducted by a single, senior leader or leadership team. In contrast, in decentralized organizations, formal decision-making power is distributed across multiple individuals or teams.
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