decentralization

decentralization definition - business

decentralization

Distributing power and decision making among different people, departments, or locations within an organization. For example, a national retail chain may allow its store managers to make decisions on the merchandise that will be carried in their particular stores.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.