delegation and hierarchical structures in multinational corporations
Delegation in multinational corporations refers to the process of assigning authority and responsibility to individuals or teams within the organization. It involves entrusting tasks and decision-making power to lower levels of the hierarchical structure, allowing for efficient management and operational effectiveness. Hierarchical structures in multinational corporations refer to the arrangement of power and authority within the organization. It consists of different levels of management, with individuals at higher levels having more decision-making authority and control over those at lower levels. This structure facilitates clear reporting lines and accountability, ensuring effective communication and coordination across various departments and locations.
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