Write the meaning of decentralized store.

A decentralized store refers to a branch or outlet of a business that operates independently under the control of a central head office. It maintains its own separate books of accounts, manages its own inventory, sales, and expenses, and reports financial results periodically to the head office. Unlike a centralized store, it has autonomy in decision-making within predefined limits. For example, a company’s head office in Kathmandu may have a decentralized store in Pokhara that handles its own day-to-day operations while submitting consolidated reports to the central management. This system helps in better local management and quick decision-making.