Question

A sales manager has to negotiate a deal with a buyer. She finds that if she can offer credit period of 60 days she is likely to clinch the deal which is supposed to fetch the company net margin of Rs 50 crores. Now the company gives power to the manager to offer a credit period of only 40 days.

State which of the principle of management is violated in the above case.
(1 Point)

Centralization and Decentralisation

Authority and Responsibility

Subordination of Individual Interest to General Interest

Equity​

Answer 1

centralization and decentralization