Multiple Choice
A biotechnology company is constantly faced with important decisions that are likely to have severe consequences on the future of the company. The top managers should
A) decentralize decision-making authority.
B) appoint lawyers to make business decisions.
C) train first-line managers to make these decisions.
D) exercise centralized decision-making authority.
E) consult investors when making important daily decisions.
Correct Answer:
Verified
Correct Answer:
Verified
Q100: Distinguishing between positions with direct authority and
Q101: A disadvantage of the matrix structure is
Q102: A common characteristic of a centralized organization
Q103: Corporate culture has little real influence on
Q104: The book The Wealth of Nations, published
Q106: Location, product, function, and customer are common
Q107: Older, larger firms producing and selling various
Q108: Authority and _ are synonymous terms.<br>A) power<br>B)
Q109: Using more than one basis for departmentalization
Q110: An informal group in an organization is