4. Complete the following sentences with suitable forms of the words below:

authorize authority control function autonomy innovate innovative delegate delegation initiative.

1. In many department store groups, buying and finance are two ... which are handled by Head Office.

1. Managers who like power find it difficult to ... responsibility.

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3. To stay competitive, high technology firms must constantly ... or else their products become out of date.

3. When you delegate authority in a business, you lose a degree of ... over certain functions.

3. In some multinational organizations, subsidiaries are given a great deal of ... – they rarely have to consult Head Office.

3. ... firms often make the mistake of not concentrating enough on marketing.

3. In our factory, the General Manager is ... to spend up to $1,000 a month on repairs and maintenance.

3. I like my staff to make decisions for themselves, but they seem afraid to show any … .