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Are decisions of groups more effective than those of individuals?
There are some decisions that are more effective if made by a group. Other decisions are more effective if made by individuals.
Centralisation Vs Decentralisation?
Centralized organizational structures rely on one individual to make decisions and provide direction for the company. Small businesses often use this structure since the owner is responsible for the company's business operations. Decentralized organizational structures often have several individuals responsible for making business decisions and running the business. Decentralized organizations rely on a team environment at different levels in the business. Individuals at each level in the business may have some autonomy to make business decisions.
Characteristics of production and operations management decisions?
Making decisions that help make business more efficient are part of production and operations management. Other characteristics include conscientious and tactical decisions.
How should a corporation attempt to achieve synergy among functions and business units?
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What unpopular decisions have you made?
Employers like to know about unpopular decisions you have made to make sure that you can make important management decisions with out being swayed. You can describe a time that you had everyone work later or had to fire someone.
How does Dollar General Corporation make major decisions?
Business people and computers.
What are some particular advantages of corporate ownership?
Owning a corporation means you have limited liability with business decisions. With a corporation, your business is considered its own entity; therefore, the business is responsible for liabilities.
How does a corporation differ from other types of businesses?
Corporation= A business made by the gov. Business= A job made by individuals.
What is an advantage corporations enjoy over partnerships?
There are several: Corporations have limited liability, they are usually not affected by the death or departure of an executive, and the business decisions do not have to be the consensus of all of the owners.The owners of a corporation don't have to work together to make all of the business decisions.
The business decision's of a corporation are made by whom?
A board of directors
How are capital investment decisions made?
Capital investment decisions are made by a group of executives in a business firm. These decisions are crucial to the longevity of not only the business but also the future stockholders of that company. http://www.finweb.com/investing/capital-investment-management-how-are-key-decisions-made.html
What is an advantage the owners of a sole proprietorship enjoy over the owner of a corporation?
Sole proprietors get to make all of the business decisions themselves.
Is an advantage the owners of a sole proprietorship enjoy over the owners of a corporation?
Sole proprietors get to make all of the business decisions themselves.
What is an advantage the owners of sole proprietorship enjoy over the owners of a corporation?
Sole proprietors get to make all of the business decisions themselves.
What Advantage the owners of a sole proprietorship enjoy over the owner of a corporation?
Sole proprietors get to make all of the business decisions themselves.
How does the form of business ownership affect the decisions made?
A sole proprietor makes the decisions. In a partnership, the decisions are generally made by the senior or managing partners. A business which is owned by stock holders is generally run by a CEO who makes most decisions, however stock holders vote on decisions at the annual meeting.
A giant business combination made of many corporation doing the same kind of business is called a?
trust.
