What are the implications of centralization on strategic management processes in an organization?
What will be an ideal response?
Centralization refers to the degree to which decision making is concentrated at the top of the organization. Centralized decision making often correlates with slow response time and reduced customer satisfaction. In decentralized organizations such as W. L. Gore or Zappos, decisions are made and problems solved by empowered lower-level employees who are closer to the sources of issues. Different strategic management processes match with different degrees of centralization. Top-down strategic planning takes place in highly centralized organizations, whereas planned emergence is found in more decentralized organizations.
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Company A and Company B own adjacent pieces of land. The companies own the full bundle of rights in their respective properties. Company A digs a mine that starts on its own property but extends, below ground, across the property line. If Company A finds minerals below Company B's surface property, it may mine and use the minerals for its own use because it has not gone onto or disturbed Company B's property.
Answer the following statement true (T) or false (F)
For what purpose is horizontal analysis used by management? Is this information provided to stockholders? If so, in what form? If not, why?
Most states require SUTA payments from employees
Indicate whether the statement is true or false
Ralph and Aisha engaged Emma, a realtor, to sell their variety store. Emma represented to buyer Pavel that "this was a typical general store," selling gas, oil, hardware, beer, and groceries. She reported that the store had an annual gross income of over $1 million. Emma failed to inform Pavel that one-third of the store's profit was attributable to an accompanying lawn and garden equipment distributorship that Ralph and Aisha were not including in the sale. When Pavel visited the business, Emma directed him away from the garage area where the lawn and garden equipment was stored. Throughout all of these negotiations, Ralph and Aisha were unaware of Emma's misrepresentations. After purchasing the store, Pavel learned of the importance of the equipment sales from Ralph and Aisha. Are Ralph
and Aisha liable for Emma's misrepresentation? What will be an ideal response?