Question

In general, centralized decision making is common for some functions such as ________.

Answer 1

In general, centralized decision making is common for some functions such as Finance. Centralized decision making means that all the decisions and methods are controlled firmly only by the top management.The employees and managers that are subordinate in the sequence of decision making are inadequate in the process of decision-making and cannot often participate in creating new methods without approval.

Answer 2

finance
Finance aspects and functions are better adressed by a centralized decision making structures as it require a great deal of responsibility and accountability. In centralized systems, decision making shifts to the top,where demands for accountability and responsibility is stressed upon, which is better than requesting for responsibility from a group of people or workers.