delegation and accountability in multinational corporations

Delegation in multinational corporations refers to the process of assigning authority and responsibilities to individuals or teams within different branches or subsidiaries of the company. It involves transferring decision-making power to lower levels of management, allowing for more efficient operations and utilization of local knowledge and expertise. Accountability in multinational corporations refers to the obligation of individuals or teams to take responsibility for their actions and outcomes. It entails providing transparent information, reporting results, and being answerable for the performance and achievements of assigned tasks or roles. Accountability ensures that objectives are met, promotes efficient resource allocation, and strengthens trust within the organization.

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