GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is the type of decentralisation?
A
Profit centre
B
Responsibility centre
C
Cost and expenses centre
D
All of the above
Explanation: 

Detailed explanation-1: -Types of decentralization include political, administrative, fiscal, and market decentralization.

Detailed explanation-2: -Decentralization refers to a type of organisational structure where the decision making responsibilities and the conduct of day to day operations are handed over to the middle and lower level managers. This process is called delegation of authority.

Detailed explanation-3: -Example of Decentralisation Good examples of decentralised business are Hotels, supermarket, Dress showrooms and etc. Because it is not possible for one person to focus on more than 100 branches which have branches throughout the world, take an example of a hotel.

There is 1 question to complete.