Financial and business terms. 2012.
divisionalization — 1) The splitting up of a large organization into separate divisions, based on the products or services provided or on the geographical location of a particular plant. Although some management functions are repeated separately in each division,… … Big dictionary of business and management
divisionalization — divisionalizaˈtion or divisionalisaˈtion noun • • • Main Entry: ↑division … Useful english dictionary
decentralization — The delegation of decision making responsibilities to the subunits of an organization. The advantages claimed for decentralization are that local managers are more aware of immediate problems, are better motivated, and have greater control over… … Big dictionary of business and management
