Centralization and Decentralization Principle of Management (Explained)

Centralization and Decentralization Principle of Management

Centralization and Decentralization Principle Centralization and decentralization are the two means to manage the organization. This principle states that there must be a balance between centralization and decentralization. Centralization means the authority to make important decisions is only vested in top managers. They enjoy the right to make decisions that subordinates should have to follow. … Read more