Definition

Decentralized business

Decentralized business is an organization in which a significant amount to the authority to make decisions is delegated to lower-level managers.

Share it:  Cite

More from this Section

  • Strategic business units
    Strategic business units(SBUs) means the single business of an organization that are independent ...
  • Formal planning department
    In the traditional approach, planning is done entirely by top-level mangers who often ...
  • Fielder contingency model
    The fielder contingency model proposed that effective group performance depended on properly ...
  • Multidomestic Industries
    An industry in which competition is segmented from country to country.Thus, even if global ...
  • Joint venture
    A specific type of strategic alliance in which the partners form a separate, independent ...