Explain principle of centralisation and decentralisation
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Centralization means that top management retains most of the decision-making authority. Decentralization means that decision-making is distributed among all levels of the organization. This means that information is shared from the top of management downwards.
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Fayol's Centralization and Decentralization Principles
Centralization means that top management retains most of the decision-making authority. Decentralization means that decision-making is distributed among all levels of the organization. This means that information is shared from the top of management downwards.
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