The challenge in business is to achieve a workable balance between an extreme centralized and extreme decentralized system.

Question

Quizplus · Accepted Answer

Both extreme centralization and extreme decentralization can lead to inefficiencies and limitations in a business organization. A balanced approach allows for appropriate delegation of decision-making and resources while also ensuring effective coordination and communication across different departments or levels of the organization.

The Challenge in Business Is to Achieve a Workable Balance