Artem, the president of instructor services, told one of his new hires that "managers at this company are encouraged to solve their own problems rather than buck the decision to a higher level, and decisions are made more quickly, which increases our organization's flexibility and efficiency." the key benefits of are the advantages that artem related to his new hires.
The decentralized authority is one of the process in an organization where the various types of functions and operations are managed by the top management of the company and it also makes the various types of organizational based decisions.
The advantage of the decentralized authority is that it makes the decisions more effective and timely. It basically increase the level of motivation among employees and reduce the stress level in the management.
According to the given question, the decentralized authority is one of the key advantage that the Artem is related to his new hire employees in an organization.
Therefore, Decentralized authority is the correct answer.
This is actually called a decentralized authority.
Decentralized decision making is any method in which the decision making authority is actually spread out to larger group. This also means that a higher authority is given to lower level functionaries, executives, and workers.