Question : In many organisations, the top management actively participates in making all decisions, while in some, even the lower levels of management have this authority. Because decision-making power is shared with lower levels, those levels are positioned close to the action. The statement "Decision making authority is shared with lower levels and is therefore located nearest to the points of action" highlights a management approach.
Option 1: Authority
Option 2: Delegation
Option 3: Accountability
Option 4: Decentralisation
Correct Answer: Decentralisation
Solution : Decentralization is a type of organisational structure in which the top management delegated power to the middle and lower levels of management in an organisation. Hence, the correct option is 4.
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