Grand Bank has a company president and board of directors that hold the majority of power and decision-making ability, so it has a(n) ____________ power structure.

Question

Quizplus · Accepted Answer

A centralized power structure means that the majority of decision-making power and authority is held by a few individuals at the top of the organization, such as a company president and board of directors, as described.

Grand Bank Has a Company President and Board of Directors