The dispersal of decision-making authority among more than one person is known as...............
Answer & explanation
Correct answer: option 3
The correct answer is option 3- Decentralisation.
The dispersal of decision-making authority among more than one person is known as Decentralisation.
The concentration of decision-making authority is called centralisation whereas its dispersal among more than one person is known as decentralisation. According to Fayol, “There is a need to balance subordinate involvement through decentralisation with managers’ retention of final authority through centralisation.”