Question : Centralisation refers to ____________.
Option 1: Retention of decision making authority
Option 2: Dispersal of decision making authority
Option 3: Creating divisions as profit centres
Option 4: Opening new centres or branches
Correct Answer: Retention of decision making authority
Solution : Centralisation refers to concentration of power or authority in few hands. An organisation is centralised when the decision-making authority is in the hand of top level management only. Hence, option 1 is the correct answer.
Question : The dispersal of decision making authority among more than one person is known as?
Question : ___________ is the process of grouping similar activities together and creating departments.
Question : ___________ involves giving authority and responsiblity to subordinates.
Question : A major risk of groupthink is:
Question : A democratic leadership style involves:
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