Decentralization in Organizations: Learning Objectives: Define and explain the term “decentralization”. What are the advantages and disadvantages of decentralization in business organizations? What are business segments? Define and explain cost, profit, and investment centers. Definition and Explanation of Decentralization A decentralized organization is one
A cost center is every so often a section within a business. The administrator and workers of a cost center are accountable for its costs but are not responsible for revenues or investment decisions.