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    MikeDavis, STAFF, webb, BENSON, HERVEY
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  • 30 terms

    Term:

    Decentralization in Organizations: decentralized and centralized

    Definition:

    STRONG DECENTRALIZED ORGANIZATIONS - decision-making authority is spread throughout the organization and does not rely only on top execs; lowest -level managers can make decisions if desired! --> big organizations are decentralized to an extent (this is necessary) STRONG CENTRALIZED ORGANIZATIONS - decision-making authority is reluctantly delegated to lower-lvl mngrs who have *little freedom to make decisions!* --> Top executives can focus on "big picture" rather than day-to-day operations

    • Managerial Accounting - Ch. 11: Performance Measurement in Decentralized Organizations
    • 30 terms
    • Vocabulary for Managerial Accounting - Ch. 11: Performance Measurement in Decentralized Organizations. Find, create flashcards with Course Hero.

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