GENERAL KNOWLEDGE

Detailed explanation-1: -Centralization refers to a setup in which the decision-making powers are concentrated in a few leaders at the top of the organizational structure. Decisions are made at the top and communicated to lower-level managers for implementation.

Detailed explanation-2: -Centralisation or centralization (see spelling differences) is the process by which the activities of an organisation, particularly those regarding planning and decision-making, framing strategy and policies become concentrated within a particular geographical location group.

Detailed explanation-3: -: to concentrate by placing power and authority in a center or central organization. centralized several functions in a single agency. centralization.

Detailed explanation-4: -Centralization and Decentralization are two modes of working in any organization. In centralization, there is a hierarchy of formal authority for making all the important decision for the organization. And in decentralization decision making is left for the lower level of organization.

Detailed explanation-5: -In centralized organizations, strategic planning, goal setting, budgeting, and talent deployment are typically conducted by a single, senior leader or leadership team. In contrast, in decentralized organizations, formal decision-making power is distributed across multiple individuals or teams.