PRC-3 · Chapter 3 · Question 66 of 70
The CEO of a retail chain insists on personally signing off on every single branch expense over Rs. 500. This heavy retention of decision-making power at the very top indicates the organization is highly:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: B) Centralized
Explanation
Centralization is the strict concentration of authority and decision-making power at the upper echelons of management.
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