BUISENESS MANAGEMENT
BUSINESS STRUCTURE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Consistent levels of customer service across all branches
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Ability to adapt to local market conditions quickly
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Fast decision making at branch level
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Quality levels across all outlets are the same
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Junior managers are actively involved in the decision making process
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Detailed explanation-1: -A centralised structure is where business decisions are made at the top of the business or in a head office and distributed down the chain of command . It is often used in retail chains.
Detailed explanation-2: -Businesses that have a centralised structure keep decision-making firmly at the top of the hierarchy (among the most senior management). Fast-food businesses like Burger King, Pizza Hut and McDonald’s use a predominantly centralised structure to ensure that control is maintained over their many thousands of outlets.
Detailed explanation-3: -Communication Defined Communication is the process of conveying information between two or more people. The communication process is the steps we take in order to achieve a successful communication.
Detailed explanation-4: -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.