'Cosmos Ltd. is a company that has recently adopted a decentralized management style. The company has developed rapidly and lower level management decisions are implemented, saving time because those making decisions are close to taking action.' Which aspect of decentralization has been emphasized in the above case? |
Quick decision making Develops imitative among subordinates Facilitates growth and expansion Develops managerial talent for the future |
Quick decision making |
The correct answer is option 1- quick decision making. The aspect of decentralization emphasized in the given case is "Quick decision making." In a decentralized management style, decision-making authority is delegated to lower-level managers, allowing them to make decisions independently. As a result, decisions are implemented more swiftly because those making the decisions are in close proximity to the actions that need to be taken. This aligns with the goal of saving time and promoting agility in responding to various situations. |