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Panchyat in our country have been …

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Panchyat in our country have been given Power to decide and spend fund granted to them by the government for the welfare of village identify the management principle highlighted in the given statement

Posted by Anjali Gupta 3 years, 3 months ago

CBSE > Class 12 > Business Studies

2 answers

Sia ? 3 years, 3 months ago

Centralization means concentration of authority at the top level. In other words, centralization is a situation in which top management retains most of the decision making authority.

Decentralization means disposal of decision making authority to all the levels of the organization. In other words, sharing authority downwards is decentralization.

According to Fayol, “Degree of centralization or decentralization depends on no. of factors like size of business, experience of superiors, dependability & ability of subordinates etc.

Anything which increases the role of subordinate is decentralization & anything which decreases it is centralization.

Fayol suggested that absolute centralization or decentralization is not feasible. An organization should strike to achieve a lot between the two.

Ekta Tiwari 3 years, 3 months ago

Decentralisation

ANSWER

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CBSE > Class 12 > Business Studies

0 answers

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0 answers

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