Concentration of decision-making power

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The four basic principles:

1. Division of labor: This principle is evident in organizations where there is a clear hierarchy and employees are assigned specific tasks.

2. Hierarchy: This principle is evident in organizations where employees are accountable to their superiors.

3. Formalization: This principle is evident in organizations where there is a clear set of policies and procedures that employees must follow.

4. Centralization: Centralization is the concentration of decision-making power within an organization.

Select a specific organization where you can depict these principles being implemented and show how. give an example of a company and explain it based on these principles.

Reference no: EM133183753

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