Outrageously Funny Word Dictionary :: Centralisation

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What is the definition of centralisation? 🙋

👉 Centralization is a concept in organizational management that refers to the process of increasing the size and complexity of an organization by integrating departments, subsidiaries, and other entities within it. This can be achieved through the acquisition of new businesses or acquisitions of existing ones. In essence, centralization involves the creation of one overarching entity rather than several smaller entities, which allows for more efficient management, streamlined processes, and increased control over organizational decisions. It is often associated with large corporations and multinational enterprises where a single parent


centralisation

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