The Concept of Decentralization Is Closely Related to the Concept

question 51

True/False

The concept of decentralization is closely related to the concept of delegation.

---

Definitions:

Long-Term Course

A strategy or plan that is intended to be implemented or unfold over an extended period.

Strategy

A plan of action designed to achieve a long-term or overall aim, typically involving the allocation of resources and decision-making processes.

Corporate Level

Relating to high-level strategic decisions made at the upper echelons of a business organization.

Top Management

The highest level of executives and decision-makers in an organization, responsible for determining its overarching strategy and policies.