Organising-Decentralization (CBSE Class-12 Business-Studies): Questions 1 - 3 of 3
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Question number: 1
Question number: 2
Question number: 3
» Organising » Decentralization
Appeared in Year: 2012
Describe in Detail
What is meant by ‘Decentralization’? State any four points of importance of decentralization.
Decentralization refers the dispersal of decision making power. This policy depends on the organization as it chooses to be centralized or decentralized depending on its objectives.
Importance of decentralization is given below: -
(1) Initiative: - Decentralization gives freedom to lower managerial levels it follows managers to take their own… (86 more words) …