decentralization

Decentralization of Authority: Meaning, Pros, and Cons (Explained)

Decentralization of Authority Decentralization of authority means the delegation of authority by top-level management to the subordinate level management based on their responsibilities. It is a belief in a systematic delegation of managerial authority to subordinate level management. Decentralization is an important management concept that concerns the distribution of decision-making power to the subordinate level …

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