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... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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