Question : When decision making authority is retained organisation is said to be by higher management level an __________.
Option 1: Decentralised
Option 2: Centralised
Option 3: Fragmented
Option 4: None of the above
Correct Answer: Centralised
Solution : Centralisation refers to concentration of power or authority in few hands. i.e. top level. An organisation is centralised when the decision making authority is in the hand of top level management only. Hence, option 2 is the correct answer.
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