What do you understand by centralisation and decentralisation? Also, explain the advantages and disadvantages of decentralisation?
Introduction Centralisation and decentralisation are key concepts in management and organizational structure. These terms describe how decision-making authority is distributed within an organization. Understanding their meaning, differences, and implications helps managers to build efficient and responsive business structures. Main Body Centralisation Centralisation refers to a structure where decision-making authority is concentrated at the top levels […]
