Question : Which of the following is an advantage of decentralization?
Option 1: Quick decision-making
Option 2: Uniformity of operations
Option 3: Close supervision
Option 4: Centralized authority
Correct Answer: Quick decision-making
Solution : The correct answer is (a) Quick decision-making
Decentralization refers to the distribution of decision-making authority across different levels and units of an organization. An advantage of decentralization is that it enables quick decision-making. With decentralization, decision-making authority is delegated to lower levels of the organization, closer to the point of action. This empowers individuals and teams to make decisions in a timely manner, without the need for every decision to go through multiple layers of management for approval. Quick decision-making allows organizations to respond promptly to changing circumstances, seize opportunities, and address challenges more efficiently.
