GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Hiring Carefully
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Controlling Cost
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Centralization of Authority
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Accepting Change
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Detailed explanation-1: -The four types of organizational structures are functional, multi-divisional, flat, and matrix structures. Others include circular, team-based, and network structures.
Detailed explanation-2: -Quick implementation of decisions In a centralized organization, decisions are made by a small group of people and then communicated to the lower-level managers. The involvement of only a few people makes the decision-making process more efficient since they can discuss the details of each decision in one meeting.
Detailed explanation-3: -Disadvantages include the tendency to stifle innovation and creativity, making it hard for an organization to adjust to change. Centralized authority may also decrease job satisfaction and organizational commitment in low level employees.