TB MC Qu. 9-3 (Static) Thanks to his firm's decentralization... 10 points 01:20:42 eBook Multiple Choice Encourages upper-level management to concentrate on strategic decisions Motivates managers to improve productivity Trains lower-level managers to accept higher responsibilities < Prev 45 of 56 Next > Search McGraw Hill 1080 acer
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Step 1: The question asks about an advantage of decentralization, specifically how it benefits Matt, who now has more time to review a proposed new joint venture. Show more…
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A very innovative firm has decided to increase its sales. The company is good, but they have noticed that their growth has stagnated for the last couple of years. The top management calls for an emergency meeting. For this, they have outlined a series of activities to be performed by each person. The people are told the activities they have to perform. Thus, the work is divided among individuals. The efforts taken by the firm turn out to be very productive for the organization, and it gains huge profits. The newspapers and management institutes also praise the company for its high standards of management. However, as time passes, the size of the organization grows, and thus they think of bringing another concept of management with a lot of precision. This concept of management is not voluntary but rather based on a lot of advance. The main idea is to reduce confusion among the employees regarding any of the activities that have been assigned. Identify the functions of management highlighted in the above lines which the company follows. Also, demonstrate a concept of management discussed which the company tries to bring. State one importance and one characteristic of this.
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In a big steel manufacturing company, there was a constant training program running for the workers throughout the year. The workers were trained about the machines as the management realized that management is all about the relationship among workers and their proper handling of the machinery. As the size of the organization increased, the management decided to release hold on day-to-day activities of the organization. A more decentralized approach was adopted where the workers could decide about the machines and the amount of raw material required instead of the traditional centralized approach. The management knew that the external environment is dynamic. In order to face intense competition, they clarified to the workers that their instructions should not be taken as rigid statements and should be modified according to the circumstances.
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