Discuss the difference between a centralized company and a decentralized company

What will be an ideal response


In a small company, the owner or top manager often makes all planning and controlling decisions. Small companies are most often considered to be centralized companies because centralizing decision making is easier due to the smaller scope of their operations. Decentralized companies split their operations into different segments, such as departments or divisions. Decentralization may be based on geographic area (domestic and international), customer base (commercial and residential), product line (motorcycles and all-terrain vehicles), business function (sales and service), or some other business characteristic.

Business

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A court may find two persons to be partners even though neither had the specific intent to create a partnership.

Answer the following statement true (T) or false (F)

Business

One of the benefits of value-driven marketing is that attention to customer needs and wants will likely result in

A. increased competition. B. higher prices than the market leader charges. C. long-term relationships. D. strong connections among competing firms in the marketplace. E. lower prices.

Business

Treasury securities that mature in 6 years currently have an interest rate of 8.5%. Inflation is expected to be 5% in each of the next three years and 6% each year after the third year. The maturity risk premium is estimated to be 0.1% × (t - 1), where t is equal to the maturity of the bond (i.e., the maturity risk premium of a one-year bond is zero). The real risk-free rate is assumed to be constant over time. What is the real risk-free rate of interest??

A. ?0.25% B. ?0.50% C. ?1.00% D. ?1.75% E. ?2.50%

Business

Presourcing is the process of preapproving suppliers for specific commodities or parts

Indicate whether the statement is true or false.

Business