What do you think are the benefits and the disadvantage of t

Assignment Help Operation Management
Reference no: EM131096051

Centralization: In organizations there are two modes of decision making, one is the centralized decision making process. This is where the decision is made by the top management in a given organization where those who are below the chain of command are not involved in the process. There is also the decentralized decision making which is where the process of decision making is handled by those closest to the problem. Today's market place has adapted this mode of decision making since it's by far the most effective one. 

What do you think are the benefits and the disadvantage of these two methods of decision making?

Reference no: EM131096051

Questions Cloud

The next six years for an annual lease payment : Company A is planning to lease a machine for the next six years for an annual lease payment of $1700 paid in advance, plus an initial fee of $500. There is a one-year delay for the tax benefits of lease payments and the initial fee.
Homework assignment-principles of management : For this homework assignment, you will develop a supporting human resource (HR) plan for an organizational strategy. In a paper of three to four pages (750-1000 words) of text (not including the title or reference pages), offer your ideas of a pro..
Explain sticky prices n markets characterized by oligopoly : The kinked demand curve model can be used to explain the sticky prices n markets characterized by oligopoly. A typical kinked demand curve consists of two straight lines joined at the kink. ( a piece -wise linear where P is price (in dollars and Q is..
What qualities does it have that categorize it as such : Choose a poem or poems or a short story that we have covered in class. Demonstrate how the text you've chosen is an example of Modernist ideology. What qualities does it have that categorize it as such?
What do you think are the benefits and the disadvantage of t : What do you think are the benefits and the disadvantage of these two methods of decision making?
How would you supervise someone who is a telecommuter : Is there anyone who has good experience with telecommuting? If so, what sort of challenges did you face? How would you supervise someone who is a telecommuter effectively?
Nature of the marginal cost : To make ends meet your economics instructor runs a telephone service, 1-900-psychihelp. Incoming calls are directed to available 'psychic' who work from their home and utilize their own telephone (not to mention their very special 'psychic' talents.)..
Marketing mix for digital products to the russian market : Kodak's traditional film business is now under attack from digital photography (in which Kodak is also a leader). Should Kodak adjust its marketing mix for digital products to the Russian market? Why?
About the relation between pork and chicken : Suppose the cross-price elasticity of demand for pork with respect to the price of chicken is equal to +0.4. What does this tell you about the relation between pork and chicken? What will happen to consumption of pork if the price of chicken falls by..

Reviews

Write a Review

Operation Management Questions & Answers

  Determine the average value of a loyal customer

A computer manufacturer has a 75 percent customer retention rate. Their accounting department estimates the incremental contribution to profit and overhead as 40 percent. Customers purchase computers every three years at an average cost of $1,500.00...

  Contract about timing of payment

Andy hires John to undertake a broad public relations campaign to try to improve his public image. He agrees to pay John $3,000 for the work. Nothing is said in their contract about timing of payment. When Andy calls for a progress report a few weeks..

  Prepare a pollution prevention audit for the product

Select one of the products described in the eco-audit case study in Chapter 8 of your textbook (e.g., cups, grocery bags,electric kettle). Using the data in the textbook from the eco-audit, additional data from Chapter 15 (as necessary), and any addi..

  Give an example of some incongruity

Give an example of some incongruity that you have experienced that challenged you to recognize one of your assumptions. Describe the discomfort you felt when you could not resolve this incongruity. What did you do to resolve it? How did you feel once..

  Assignment on modes of market entry

Modes of Market Entry" Please respond to the following, Select a country and a product that you believe your company can market then formulate a competitive strategy using one of the four (4) modes of entry.

  Least number of tries on the weighing scale

You have 30 steel balls. All weigh the same except one which is lighter (Red X). You have a weighing scale and 2 pans (no measurements). Identify the Red X ball in the least number of tries on the weighing scale.

  Six months have transpired

Six months have transpired, and you’ve been able to add two employees. In this new arrangement, what agency disputes might now develop that need to be addressed, and how might you address them? What resources do you need to use or consider?

  In recognition of the post-purchase role of promotion

In recognition of the post-purchase role of promotion, what strategies would you suggest for: (a) a busy hospital emergency room, (b) an executive fitness program that provides health screening and fitness evaluation, and (c) an occupational medicine..

  Determine required units to break even

A manufacturing process has a fixed cost of $150,000 per month. Each unit of product being produced contains $25 worth of material and takes $45 of labor.

  Goals and objectives must be attainable

Suppose you are the owner of a GLOBAL business enterprise, develop: 1. The vision and mission for your company; 2. Create three goals; and 3. For each goal, adopt three objectives. Goals and objectives must be attainable. Objectives must be measurabl..

  International strategy is essential to its continued growth

Amazon has entered international markets with sites in a number of other countries. The company believes that an aggressive international strategy is essential to its continued growth. Has Barnes & Noble take the same approach?

  Different levels of strategy in business management

Discuss why there is potential for disconnect from the home office to the individual organization when dealing when different levels of strategy in business management.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd