MANAGEMENT

Detailed explanation-1: -Summary. 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: -When a decision is centralized, it is typically unilaterally mandated by a central, usually high-level, authority. Decentralized decisions are, instead, made at a more local level by frontline employees who are close to whomever will feel the impact.

Detailed explanation-3: -A centralised structure is where business decisions are made at the top of the business or in a head office and distributed down the chain of command .

Detailed explanation-4: -In a centralized organization, all of the “power” or decision-making authority lies with a group or individual at the top. The other members of the organization then work to carry out the decisions made by top-level leaders.

Detailed explanation-5: -A centralized organization is a hierarchical decision-making structure where all processes and decisions are made at the executive or top level. Managers and employees in the organization’s lower chain of command can rarely make or implement decisions without the executive’s approval.