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Rahul Asked :

29-05-2021 Business Studies

Q. What is Centralization?

A. Retention of decision-making authority
B. Dispersal of decision-making authority
C. Creating division as a profit centre
D. Opening the new center of branches

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Dapzoi Verified
Commented on 2021-05-30 16:56:40 (IST)
Answer - A. Retention of decision-making authority

Centralization is the process by which the activities of an organization, particularly those regarding planning and decision-making, framing strategy and policies become concentrated within a particular geographical location group.