What do you mean by Decentralization of Authority? Discuss its limitations & advantages 

Decentralization of authority refers to the delegation of decision-making power and responsibility from higher levels of an organization to lower levels or to different units or departments within the organization. It involves the distribution of decision-making authority to empower individuals and teams at various levels to make decisions that are closer to the point of implementation. Decentralization aims to promote flexibility, efficiency, and responsiveness within an organization.

Advantages of Decentralization of Authority:

1. Quick Decision-making: Decentralization allows decisions to be made at lower levels, reducing the need for multiple levels of approval. This enables faster decision-making, as there is no need to wait for decisions to be escalated to higher levels of authority. It facilitates timely responses to changing situations and customer needs.

2. Flexibility and Adaptability: Decentralization enables organizations to respond quickly and adapt to local conditions or market variations. Lower-level managers or department heads have a better understanding of the specific needs and challenges within their areas of responsibility. They can make decisions and take actions that are aligned with local requirements without depending on central authorities.

3. Employee Empowerment and Motivation: Decentralization empowers employees by giving them the authority and responsibility to make decisions related to their work. ____ ____ _________ ___ _______ ________ ________ ________ __________.
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