Centralization and Decentralization Principle of Management

centralization and decentralization principle

Centralization and Decentralization Principle: Centralization and decentralization are contrasting principles of management that determine the concentration or distribution of decision-making authority within an organization. Centralization involves consolidating decision-making power in the hands of a few individuals or a central authority. The top management retains the authority to make important decisions, while lower levels are responsible … Read more