What is the definition of delegation in a business context?

In a business context, delegation refers to the process of assigning specific tasks and responsibilities to team members rather than transferring overall obligations to a third party. This process is crucial for optimizing team efficiency and productivity, as it involves empowering employees to take on tasks that fall within their expertise or capacity. By delegating, leaders can focus on higher-level strategic decisions while ensuring that essential work is handled effectively by their team.

The correct answer emphasizes the importance of managing workloads and developing team skills through task assignment, which contributes to overall organizational success. This method fosters trust and accountability within a team, as individuals are given the authority to complete tasks on their own, thereby promoting a sense of ownership and motivation among team members.