Solution
Option 1 -> Increased consistency in decisions - Decentralization typically leads to varied decisions across units rather than consistency, which is more associated with centralized control.
Option 2 -> Improved employee retention - While this may be a secondary benefit, it is not the primary advantage of decentralization for organizational performance.
Option 3 -> Faster decision-making and greater flexibility - Decentralization empowers local units to make decisions quickly without multiple approval layers, enabling rapid response to market changes and customer needs.
Option 4 -> Reduced investment in subsidiaries - Decentralization relates to decision-making authority distribution, not investment reduction in subsidiaries.
Hence, Option 3: Faster decision-making and greater flexibility -> Decentralization allowed Wipro to push decision-making authority to individual business units and lower management levels. This eliminated bureaucratic delays, enabled quicker responses to market opportunities, and provided greater flexibility to adapt to local conditions and customer requirements, ultimately improving organizational agility and competitiveness -> correct