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2. (a) A recent study found that small and family firms were more centralised in terms of decision-making structures. The study also found that larger and more diverse firms had both more decentralised and delegated decision-making structures. Use the models and intuition taught in the unit to explain these results. (b) "High-powered incentives are typically associated with a broad-task allocation." Using the materials studied in the unit, analyse this statement.

2. (a) A recent study found that small and family firms were more centralised in terms of decision-making structures. The study also found that larger and more diverse firms had both more decentralised and delegated decision-making structures. Use the models and intuition taught in the unit to explain these results. (b) "High-powered incentives are typically associated with a broad-task allocation." Using the materials studied in the unit, analyse this statement.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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2. (a) A recent study found that small and family firms were more centralised in terms of their decision-making structures. The study also found that larger and more diverse firms had both more decentralised and delegated decision-making structures. Use the models and intuition taught in the unit to explain these results. (b) "High-powered incentives are typically associated with a broad-task allocation." Using the materials studied in the unit, analyse this statement.
Transcribed Image Text:2. (a) A recent study found that small and family firms were more centralised in terms of their decision-making structures. The study also found that larger and more diverse firms had both more decentralised and delegated decision-making structures. Use the models and intuition taught in the unit to explain these results. (b) "High-powered incentives are typically associated with a broad-task allocation." Using the materials studied in the unit, analyse this statement.
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