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Question
A company faces criticism for taking too long to make decisions due to bureaucratic delays. Which disadvantage of joint stock companies is highlighted here?
Options
Lack of motivation
Delay in decision-making
Conflict of interests
Unhealthy speculation
MCQ
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Solution
Delay in decision-making
Explanation:
In a joint stock company, decisions must be approved by several levels of management and the board of directors. This lengthy process frequently causes delays in decision-making, reducing efficiency and flexibility.
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