Definition: Centralization is the process of transferring and assigning decision-making authority to higher levels of an organizational hierarchy. |
More on decision making: Chain of Command, Decentralization, Delegation, Employee Empowerment, Employee Participation, more on decision making... You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA. MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject. |
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