Multiple Choice
Axis Group has a publishing house, operates in the sports gear market, and owns a coffee plantation.A board of directors is responsible for the overall performance of the group.Identify the correct statement from the following.
A) The board will be responsible for all decision-making process.
B) The board will be in the best position to solve even a minor problem at the coffee plantation.
C) The sports gear firm's risk assessment team will also be responsible for assessing market risk for the group's other functional areas.
D) Decisions for the publishing house are likely to be taken by the individuals who head it, rather than the board of directors heading the entire group.
Correct Answer:

Verified
Correct Answer:
Verified
Q47: What is the principal difference between a
Q48: Orders can lose accuracy:<br>A)if they are too
Q49: An organization chart reveals all the formal
Q50: British manufacturers lost their competitive edge in
Q51: Identify a disadvantage of organizational charts.
Q53: To minimize distortion and errors, it is
Q54: Identify the characteristic of a U-form organization
Q55: Can information life-span be a determining factor
Q56: When an organization sets up a self-contained
Q57: A firm's ability to process information depends