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What is Meant by 'Decentralization'? - Business Studies

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What is meant by 'Decentralization'?

Give the meaning of 'Decentralisation'.

Define 'Decentralisation'.

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Solution 1

Decentralisation is the process of imparting of the power of decision making among the middle level as well as lower level management. However, the level of decentralisation differs in different organisations.

Solution 2

Decentralisation is the process of granting authority to make operational decisions at the lower levels of management in an organisational structure. It gives more time to higher level management to make key decisions and also results in a self-sufficient workforce in an organisation.

Concept: Concept of Decentralization
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