Which of the following terms describes a decision-making process limited to a few members?

The decision-making process that is limited to a few members is accurately described as centralization. Centralization refers to a structure where decision-making authority is concentrated at a single point in the organization, typically within a top management or a select group of leaders. This means that only a small number of individuals are involved in the decision-making process, which can lead to a unified direction but may also limit the inputs and perspectives from other levels of the organization.

In contrast, decentralization involves distributing authority and decision-making power across various levels of the organization, allowing more employees to have a say in decisions. Authority, while related to decision-making, refers more generally to the right to make decisions rather than the number of people involved. Delegation involves the transfer of responsibility and tasks from one person to another, which can lead to a more participative approach and doesn't necessarily indicate a limited decision-making group.