The concentration of decision-making authority only at the highest levels of the organization is called ________.
A) management by objective
B) balanced scorecard
C) decentralization
D) centralization

Question

Quizplus · Accepted Answer

Centralization refers to the concentration of decision-making authority at the highest levels of the organization, which means that the lower levels of the organization have limited decision-making power. This approach is the opposite of decentralization, where decision-making is distributed across different levels of the organization. Management by objective and balanced scorecard are management approaches that focus on goal-setting and performance measurement, but they do not directly relate to the concentration of decision-making authority.

The Concentration of Decision-Making Authority Only at the Highest Levels