MyQuestionIcon

2

You visited us 2 times! Enjoying our articles? Unlock Full Access!

Business Studies

Leadership

In ABC Ltd. a...

Question

In ABC Ltd. all the decisions are taken by top level management only. Which policy is followed by organisation? Explain the drawback of this organisation.

Open in App

Solution

Centralization-
A concentration of control of an activity or organization under a single authority or top level management.
The following are the main drawbacks or disadvantages of centralization:
1. Centralization Is Unsuitable For Large Organization
2. Manager Is Overburdened
3. Possibility Of Power Misuse
4. Low Morale Motivation
5. Lack Of Environmental Adaptation

Suggest Corrections

thumbs-up

0

Similar questions

Q. There are three major decisions which an organisation has to take in respect of financial management. Enumerate and explain these decisions in brief.

Q. There are three important decisions which an organisation has to take in respect of financial management. Enumerate and explain in brief these three decisions.

Q. In the absence of management all the resources of an organisation remain as resources only and never become production. Explain the importance of management in the light of this statement.

Q. What kind of strategic decisions are taken by business organisation?

Q. PK Ltd. has been notorious for delay in decision making an overlapping of work done. Identify management function lacking in the organisation and state importance of this function.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Leadership

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Standard XII Business Studies

Join BYJU'S Learning Program

CrossIcon