CBSE Class 12 Business Studies 2021 Outside Delhi set 1

© examsnet.com
Question : 23
Total: 60
Name the concept which explains the manner in which decision making responsibilities are divided among hierarchical levels :
Solution:  
(d) Decentralisation
Decentralisation is referred to as a form of an organisational structure where there is the delegation of authority by the top management to the middle and lower levels of management in an organisation. Decentralisation explains the manner in which decision making responsibilities are divided among hierarchical levels, Decision making authority is shared with lower levels and is consequently placed nearest to the point of action.
© examsnet.com
Go to Question: