Centralized Decision Making Is Favored Over Decentralized Decision Making

Multiple Choice

Centralized decision making is favored over decentralized decision making:

A) when there are no principal-agent problems.
B) when decisions need to be made on a case-by-case basis.
C) when coordinated decisions are essential.
D) when information that is relevant to the decision is dispersed.
E) when the firm has a flat organizational structure.