Question

Explain the concepts decentralisation and deregulation

Answer 1

Explanation:

Decentralization is the process by which the activities of an organization, particularly those regarding planning and decision making, are distributed or delegated away from a central, authoritative location or group.

Deregulation is the reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Over the years the struggle between proponents of regulation and proponents of no government intervention have shifted market conditions.

Answer 2

Answer:

Decentralisation is the process by which the activities of an organization, particularly those regarding planning and decision making,are distributed or delegated away from a Central, authoritative location or group.

Deregulation is the reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry

Explanation:

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