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For decentralized decision making to be successful, it should be predicated on a belief that
A. top executives should establish a collegial, collaborative culture in which decisions are made by general consensus on what to do and when.
B. strict enforcement of detailed procedures backed by rigorous managerial oversight is necessary because company personnel cannot be counted on to act wisely or keep costs to a bare-bones level.
C. decision-making authority should be pushed down to the lowest organizational level capable of making timely, informed, competent decisions.
D. most company personnel have neither the time nor the inclination to direct and properly control the work they are performing and that they lack the knowledge and judgment to make wise decisions about how best to do their work.
E. lower-level managers and employees should go up the ladder of command for approval on most all strategic and operating issues of much importance.
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An analysis of the holding costs, including the appropriate annual holding cost rate.
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A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
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Ccompare the effectiveness of different leadership styles in different organizations
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