Some advantages to decentralization are to reduce the workload of leadership and management to better use their
Question:
Some advantages to decentralization are to reduce the workload of leadership and management to better use their time to improve the company or provide further assistance to employees. It reduces decision-making time with better satisfaction throughout. Some disadvantages to decentralization include lacking uniformity, issues with coordination, and having to rely on others to complete at the level or beyond what they should. I would prefer to live in a decentralized organization because it shows the company can rely on as well as trust employees and treat them like capable adults within an organized system. Opportunity cost is the value of the next best choice when choosing the other choice. Economic benefits are those that are quantified by money safeguarding expenses from incurring. I think in most if not all industries the costs and benefits are applied.
Financial and managerial accounting
ISBN: 978-1118016114
1st edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso