Asked by
yashpreet kaur sandhu
on Nov 17, 2024Verified
One of the advantages of decentralization is that delegating authority to managers closest to the operation always results in better decisions.
Decentralization
The distribution of decision-making power away from a central authority, allowing for greater autonomy at lower levels of an organization.
Authority
The power or right to give orders, make decisions, and enforce obedience.
- Understand the architecture and consequences of centralized versus decentralized corporate structures.
- Gain insight into the role of investment decisions and profit margins in determining the success of responsibility centers.
Verified Answer
DD
Learning Objectives
- Understand the architecture and consequences of centralized versus decentralized corporate structures.
- Gain insight into the role of investment decisions and profit margins in determining the success of responsibility centers.
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