Name the concept, which means the systematic reservation of authority at a higher level of management.
Centralisation
Decentralisation
Formal organisation
None of these
Centralisation is the systematic reservation of authority at a higher level of management.
The form of organisation known for giving rise to rumours is called
(a) Centralised organisation
(b) Decentralised organisation
(c) Informal organisation
(d) Formal organisation
Explain the following Principles of management given by Fayol with examples:
(a) Unity of direction
(b) Equity
(c) Espirit de corps
(d) Order
(e) Centralisation and decentralisation
(f) Initiative
Can a large sized organisation be totally centralised or decentralised?