The modern business world is complex, highlighting the need to delegate in order to move forward faster. Firms hold managers responsible for their roles, sometimes based on divisions. However, at times, the management of these divisions can be unfair and tedious, demotivating staff and causing goal congruence issues/

REQUIRED:

Explain the key term based on above statement and identifying the advantages and disadvantages of allowing divisional managers autonomy, in view of the various types of responsibility centres.