economic systems
- This is a preview of the essay.
To view the full text you must login!
1. Describe the advantages and disadvantages of decentralization.
Decentralization is defined as the delegation of high levels of authority to professional managers. This type of authority has both positives and negatives. However, I believe the positives far out way the negatives. The positive aspects of decentralization include: Managers quickly developing their skills to make difficult decisions. The next positive is managers develop high levels of competition to be the best decision maker on the job, resulting in less mistakes and better cost effectiveness. Managers that are competitive are working hard to advance to the next level so decentralization is a driving force for them. The last major reason decentralization works is because managers are able to develop there divisions with their own personal style. Managers who have the ability to create usually tend to work harder and push for their own personal/company success...