Business Studies, asked by krishbabu1234, 1 month ago

Departments in decentralization are often broken down by broad categories which is not among them

Answers

Answered by ishitachanda93
1

Answer:

There are four main types of decentralization: political, administrative, fiscal, and market decentralization.

Explanation:

Answered by snehanegi17
0

Answer:

Decentralization refers to the distribution (delegation) of specified duties to specialized departments within an organization.

Explanation:

Decentralization refers to the distribution of authority and responsibility to different specialized departments of an organization for better and efficient functioning.

There are different types of decentralization. These include:

  • Political Decentralization:  Political decentralization helps in giving citizens or their elected representatives more power in public decision-making.
  • Administrative Decentralization: It refers to the delegation of power and duties within the organization.
  • Fiscal Decentralization: Financial responsibility is an important component of decentralization because an adequate amount of revenue is required to carry out decision-making as well as the functioning of an identity.
  • Market decentralization: Economic or market decentralization is an important form of decentralization in the eyes of any government.
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