If decision makers do not bear the major wealth effects of decisions, then:
A) the same person in the management structure must hold decision management and decision control.
B) separate decision makers must hold decision management and decision control.
C) decision management is clearly integrated with decision control.
D) the same managers hold initiation and ratification of decisions.

Question

Quizplus · Accepted Answer

If decision makers do not bear the major wealth effects of decisions, then having separate decision makers to hold decision management and decision control would be the best option to ensure accountability and avoid conflicts of interest. This separates the initiation of decisions (decision management) from the ratification of decisions (decision control). This way, the person who makes the decision is not the same person who approves it, ensuring checks and balances in the decision-making process.

If Decision Makers Do Not Bear the Major Wealth Effects