Asked by
Celanne Baydoun
on Nov 17, 2024
Verified
Which of the following would be most effective in a small owner/manager-operated business?
A) profit centers
B) centralization
C) investment centers
D) cost centers
Centralization
The consolidation of decision-making authority at the top levels of an organization.
Owner/Manager-Operated
A business model where the owner actively manages the day-to-day operations of the company.
- Gain an understanding of the principle and effects of decentralization in organizational structures.
Verified Answer
EC
Learning Objectives
- Gain an understanding of the principle and effects of decentralization in organizational structures.
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