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Centralisation

 
Webster's Unabridged Dictionary:

Cen·tral·i·za·tion


n.

[Cf. F. centralisation.]
The act or process of centralizing, or the state of being centralized; the act or process of combining or reducing several parts into a whole; as, the centralization of power in the general government; the centralization of commerce in a city.


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Barron's Accounting Dictionary:

Centralisation

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Situation in which decision-making power is at the top of an organization and there is little delegation of authority. It is the opposite of decentralization. Centralization and decentralization are really a matter of degree. Full centralization means minimum autonomy and maximum restrictions on operations of subunits of the organization. As an organization grows in size and complexity, decentralization is generally considered to be effective and efficient.

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Word Tutor:

centralization

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pronunciation

IN BRIEF: The bringing to a middle point or under one control.

pronunciation The centralization of decision making made the club more effective in its goals.

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Wikipedia on Answers.com:

Centralisation

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Centralisation, or centralization (see spelling differences), is the process by which the activities of an organisation, particularly those regarding planning and decision-making, become concentrated within a particular location and/or group.

In political science, centralisation refers to the concentration of a government's power - both geographically and politically - into a centralised government.

In neuroscience, centralisation refers to the evolutionary trend of the nervous system to be partitioned into a central nervous system and peripheral nervous system.

In business studies, centralisation and decentralisation refer to where decisions are made in the chain of command.

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Copyrights:

Webster's Unabridged Dictionary. Webster 1913 Dictionary edited by Patrick J. Cassidy  Read more
Barron's Accounting Dictionary. Dictionary of Accounting Terms. Copyright © 2010 by Barron's Educational Series, Inc. All rights reserved.  Read more
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