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Here are some examples of decisions that every business must make: Facility and equipment purchases and upgrades Personnel decisions such as hiring and compensation Products
Here are some examples of decisions that every business must make:
- Facility and equipment purchases and upgrades
- Personnel decisions such as hiring and compensation
- Products and services to offer, prices to charge customers, markets in which to operate
For each decision listed, identify and explain the best structure (centralized, decentralized, or both) for each of the following types of businesses:
- Auto manufacturer with multiple production departments
- Florist shop (with three part-time employees) owned by a local couple
- Law firm with four attorneys
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