The decentralized sector of an industry refers to the distribution of decision-making authority and operational activities across various independent entities rather than being concentrated within a single central organization. This structure promotes innovation, flexibility, and local responsiveness, often leading to enhanced customer satisfaction and reduced risks associated with centralization. In sectors like finance, technology, and energy, decentralization can empower individuals and smaller companies, fostering competition and collaboration. Examples include decentralized finance (DeFi) in blockchain or local energy grids in the energy sector.
its a third sector
Nominal Sector or Monetary Sector
consumer sector
It's the IT Sector.
Primary sector secondary sector tertiary sector
they are : paints and varnishes ceramic industry paper ind surgical ind. sports goods ind. garments ind. chemicals and cosmetics automotive and transport food and beverages financial services energy and water pharmaceuticals conglomerate banking sector advertising tobacco apparel
stuff
maybe
should the information system function in a business be centralised or decentralised
to away from the headquarters
centralised is a high degree of authority at the top of the hierarchy and decentralised is a high degree of delegated authority
Distinguish between the centralised and the decentralised traditional political system in Nigeria?
Difference_between_centralised_and_decentralised_stationry
define services
it is a computer software
A Decentralised Network
ind.