Management Finance - Part 1

Excessive centralisation may result in:

Type: MCQ • Marks: 1
Excessive centralisation may result in:
Options
A. Faster local decision-making in every case
B. Greater responsiveness automatically
C. Delays, procedural rigidity and reduced initiative at lower levels
D. Complete elimination of financial risk
Explanation
When every decision requires central approval, administrative bottlenecks can emerge and lower-level officials may lose initiative.
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UPSC Principal & Vice Principal Management Finance Administration

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