Decentralization
Decentralization means that the control of operations is delegated to many managers throughout the organization. The term segment is sometimes used to identify an area of responsibility in decentralized operations.
Decentralization is the decision makeup based at lower levels of the organization.
Decentralization is a philosophy of organization and management that focuses on the dispersal of authority within an organization structure.
Webster Dictionary Meaning
1. Decentralization
- The action of decentralizing, or the state of
being decentralized. Category: Contemporary Business, Accounting & Auditing
More from this Section
- Cmarketing
Cmarketing marketing that promotes a cause or social issue, such as preventing child abuse, ... - Materials quantity variance
Materials quantity variance is the difference between the actual quantity times the standard ... - Premium
Premium is the difference between the selling price and the fact value of a bond/stock, ... - Financial Security
The peace of mind we have when we are not concerned about money is referred to as Financial ... - Seasonal unemployment
Seasonal unemployment is the joblessness of workers in a seasonal industry. ...