What is the name given to the concentration of decision-making authority at the upper levels of the hierarchy in organizations? A) Specialization B) Standardization C) Centralization D) bureaucratization E) Formalization

What is the name given to the concentration of decision-making authority at the upper levels of the hierarchy in organizations? A) Specialization B) Standardization C) Centralization D) bureaucratization E) Formalization

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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5 - What is the name given to the concentration of decision-making authority at the upper levels of the hierarchy in organizations?

A) Specialization

B) Standardization

C) Centralization

D) bureaucratization

E) Formalization

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