Axis Group has a publishing house, operates in the sports gear market, and owns a coffee plantation.A board of directors is responsible for the overall performance of the group.Fabrics Inc., on the other hand specializes in women's apparel.Which of the following statements will be true?
A)Decision-making at Axis will be more decentralized in comparison to Fabrics, Inc.
B)Many decisions at Fabrics is likely to be made at lower levels.
C)Individuals at higher levels at Fabrics are less likely to have all of the knowledge that exists at lower levels.
D)Information transfer within Axis Group will be easier as compared to Fabrics, Inc.

Question

Quizplus · Accepted Answer

Axis Group has a diverse range of businesses, which requires a more decentralized decision-making process to accommodate the different needs of each business unit. Fabrics Inc., on the other hand, specializes in a single product line, which allows for more centralized decision-making.

Axis Group Has a Publishing House, Operates in the Sports