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CENTRALIZATION

Two types of organizational structures are found in the business environment: centralized and decentralized.

Under centralization, the important and key decisions are taken by the top management and the other levels are into implementations as per the directions of top level.On the other hand, Decentralization is a systematic delegation of authority at all levels of management and in all of the organization. In a decentralization concern, authority in retained by the top management for taking major decisions and framing policies concerning the whole concern.