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Three Little Pigs

In: Business and Management

Submitted By sigmachi16
Words 991
Pages 4
Matt Casula
Professor Rouse
Accounting 204
Segment Reporting, Decentralization, and the Balanced Scorecard
I chose to cover chapter 12: Segment Reporting, Decentralization, and the Balanced Scorecard. A decentralized organization is when decision-making authority is spread throughout the organization rather than being confined to a few top executives. Most large corporations are forced to have some sort of decentralization, however some to a certain extent. There are highly centralized corporations that give lower-level managers very little decision-making ability. Then there are highly decentralized corporations that allow lower-level managers to have the freedom to make decisions. Being highly decentralized corporation has many advantages. It allows for the managers/employees to make decisions that have the most up-to-date information about daily operations. Top-Management doesn’t have to worry about making little decisions and can concentrate their efforts on other issues. Decentralizing allows for better customer service by having the people making decisions easily available. Also, giving the lower-level managers freedom to make decisions increases their motivation and job satisfaction leading to higher productivity and higher loyalty to the company. However, there are some disadvantages to decentralized organizations. Lower-level managers may not make the best decision when it comes to looking at the whole picture. Also, something that might be good for the manager might be bad for the company as a whole, and vice versa, which could cause bad decisions. To combat these disadvantages, decentralized organizations use responsibility accounting systems which link lower-level managers’ decision making, with accountability for the outcomes of those decisions. Most common responsibility center systems are Cost, Profit, and Investment Centers. I feel

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