In tom's company, employees are given an opportunity to participate in decision-making related to policy development, which is known as:___________

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16-08-2022
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In tom's company, employees are given an opportunity to participate in decision-making related to policy development, which is known as:___________

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Tutorconsortium361 Tutorconsortium361 · Answer 1 · 2022-08-20T04:04:33+02:00

In tom's company, employees are given an opportunity to participate in decision-making related to policy development, which is known as decentralization

What is decentralization?

Decentralization, also known as decentralisation, is the process by which an organization's functions, particularly those involving planning and decision making, are disseminated or delegated away from a centralized, authoritative place or group.

A decentralized leadership structure is one in which top management outsource decision making to individuals within the firm. This gives top management more time to focus on making larger decisions.

For example, if a restaurant decides to create a second location in another state, decentralization can allow the new facility to function independently. As a result, they will be able to tailor their strategy to the needs of the new market.

To know more about decentralization follow the link:

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