Rahul Asked :
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
Submit Your Answer
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.