Final answer:
Decentralized authority offers the advantages of rapid decision making and enabling managers to solve problems independently, providing quicker responses and tailored solutions within an organization.
Step-by-step explanation:
The advantages of decentralized authority include Rapid decision making and the ability for Managers to solve their own problems. These advantages are pivotal in organizations as they allow for more flexibility and quicker responses to challenges and changes in the market. Rapid decision-making is facilitated because decisions do not need to travel up and down a chain of command, enabling managers to address issues immediately. Managers solving their own problems can lead to more tailored solutions that best fit the local or departmental context.