Which of the following best describes the concept of 'Delegation of Authority' in management?

Delegation of Authority is the process by which a manager assigns work (tasks) and grants the authority required to perform that work to a subordinate. A critical principle is that while authority can be delegated, accountability cannot the delegating manager remains ultimately accountable for the outcome, even though the subordinate is responsible for executing the work. This distinction between responsibility (given to the subordinate) and accountability (retained by the manager) is fundamental to management theory. Failure to delegate effectively leads to over-centralisation, as illustrated in the bank passage in Q12–Q14.