Question

Centralisation and decentralisation meaning

Answer 1

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Centralisation :-

Centralisation is the process by which the activities of an organization, particularly those regarding planning and decision making, framing strategies & policies become concentrated within a particular geographical location group.

Decentralisation:-

Decentralisation is the process by which the activities of an organization , particularly those regarding planning and decision making are distributed or delegated away from a central authoritative location or group.

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Answer 2

Answer:

Explanation:

Centralization and Decentralisation are the way of pattern in which the firm has the distribution of authority and responsibility equally into every level of the running firm/business/organization.

Whereas,

Centralization - It is a mindset of the entrepreneurs to keep the authority and power of taking to decision to his hands for the specific way of working in the Organisation.

On another hand,

Decentralization - Says, to have an equal distribution of the authority and responsibility to every level of the Organisation to bring the efficiency and effectiveness to the firm and cut down the lag.