The dispersal of decision-making authority among more than one person is known as...............

Decentralisation

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.”