Examlex
The customer order cycle occurs at the
Decision-Making Authority
The power or right vested in an individual or group to make important decisions regarding policies, procedures, or expenditures.
Decentralized
A system of organization where decision-making power is distributed among various levels, rather than being concentrated at a single point.
Centralization
The concentration of authority for most decisions at the top level of an organization.
Decentralization
Decentralization refers to the distribution of decision-making authority from a central figure or location to lower levels within an organization or government, allowing for more localized and responsive decision-making.
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