Question

The Elm City Market Board has been described as taking a broader view of the business​ (e.g., approving​ budgets, reporting on the status of the​ store, etc.) and staying out of the detailed​ day-to-day operations. This is most likely an example of​ ________.

Answer 1

Answer: Decentralized Authority

Step-by-step explanation:

Decentralized authority or decision-making is referred to any process under which decision-making authority tends to be distributed throughout the larger scale or group. It tends to also connotes the higher authority that is given to the lower level executives, functionaries, or workers. This type of distribution of the power, tends to have a far sighted implications in fields of organizational behavior, management, and government.