Business Studies, asked by shakhervalmiki, 8 months ago

25. Identify and explain the importance of a concept of
management which aims at distribution of decision
making responsibility among various hierarchical
levels.​

Answers

Answered by aditisingh040506
0

Answer:

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Answered by Anonymous
0

The concept is of Decentralisation.

  • It is the separation of decision forming responsibilities among hierarchical levels. It is the process of assigning authority at all levels of an enterprise.
  • Lower levels share decision-making power and, as a result, are closest to the point of action. Thus, decision-making power is moved down the command chain.
  • The decentralisation process causes lower-level managers to doubt their judgment and skill. They are challenged to create strategies when they are granted accountability and decision-making independence.
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