In RK Co. Ltd all the decisions are taken by top level management only. Which policy:
followed by the organisation?
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Answer:
Centralization-
A concentration of control of an activity or organization under a single authority or top level management.
The following are the main drawbacks or disadvantages of centralization:
1. Centralization Is Unsuitable For Large Organization
2. Manager Is Overburdened
3. Possibility Of Power Misuse
4. Low Morale Motivation
5. Lack Of Environmental Adaptation
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