National Vritech Ltd. Has grown in size....

National Vritech Ltd. Has grown in size. It was a market leader but with changes in business environment and with the entry of MNCs its market share is declining . To cope up with the situation CEO starts delegating some of his authority to the General Manager, who also felt himself overburdened and with the approval of CEO disperses some of his authority to the General Manager, who also felt himself overburdened and with the approval of CEO disperses some of his authority to various levels throughout the organization.
Identify / Name the concept of management discussed above.

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National Vritech Ltd. Has grown in size. It was a market leader but with changes in business environment and with the entry of MNCs, its market share is declining. To cope up with the situation CEO starts delegating some of his authority to the General Manager, who also felt himself overburdened and with the approval of CEO disperses some of his authority to various levels throughout the organisation. Identify the concept of management discussed above.

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