The chief advantages of a centralized organizational structure includeCopyright © by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation.O having a small number of top-level managers micromanage the business by (1) requiringlower-level subordinates to obtain top management approval before taking action on theirown and (2) personally making most decisions themselves.O a virtual guarantee of arriving at the "best" decision from the standpoint of the company as awhole.O speedy decision-making-because the manager-in-charge of an organizational unit has theauthority to decide what to do without consulting others (there is no requirement to spendtime gathering and processing information from others).O faster implementation of new ideas for doing things better and increased ability to reduce thelayers of managerial bureaucracy.Omaking it easy to know who is accountable when things do not go well and reducing thepotential for conflicting decisions and actions among lower-level managers who may havediffering perspectives and ideas about how to tackle certain tasks or resolve particular issues.

Organizational structure helps in directing that how the activities would be performed in the…

Answered: The chief advantages of a centralized…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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