Economy, asked by ayushkumar6737, 1 year ago

What is centralisation and decentralization in economics?

Answers

Answered by AniketVerma1

Centralisation refers to the hierarchical level within an organisation that has authority to make decisions. When decision making is kept at the top level, the organisation is centralised; when it is delegated to lower organisational levels, it is decentralised .......

Previous Question

Next Question

Similar questions

English, 7 months ago

Q.19. The noun form of "Difficult" is * a Difference b Difficulty c Different d None of the above...

Accountancy, 7 months ago

3. Seth and Morgan were just married, but Seth does not work. They are both 25 years old. Morgan supports Seth with funds from her trust fund, investment income of $12,000, and her part-time earnings of $7000 this year. If Morgan contributes $6000 in 2019 to her Roth IRA, how much can Seth contribute to his traditional IRA?

Math, 7 months ago

Kusum has gone for a hiking trip. She ended a hike at an elevation of 6,000 feet above sea level. She had started at an elevation of 5,000 feet above sea level. Which integer represents Kusum's change in elevation...

Business Studies, 1 year ago

What do you understand by principle of management 2?

Math, 1 year ago

6-2×3+6/2+6×3-6 what is the answer...

Physics, 1 year ago

some objects Relative density and it floats or sinks...

Science, 1 year ago

epithelial tissue originates from which germ layer.?

Geography, 1 year ago

which region get rainfall in South India during winter...