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Centralization in manufacturing resulted in what?
increased production
Which of the following best explain why the media industry is characterized by an oligopolistic market structure?
centralization of ownership has led to an industry controlled by a few large companies. apex :)
Examples of centralization and decentralization in the real world?
a soccer game is a example of decenralization
The media industry is characterized by an oligopolistic market structure because?
centralization of ownership
The term used to describe the communists centralization of control over its economy?
Planned economy
Discuss advantages and disadvantage of centralization?
Control = UP. Vulnerability = UP
What are the advantage of the centralization?
the advantages of cerntralized is with out knowledge of the erea because the head quartes not in case of that place
What are the pros and cons of centralization?
Centralization is a process of consolidating power under a central facility or control. Some advantages include work flexibility and specialization. Bureaucracy, delays in work and lack of secrecy are some disadvantages.
What are the advantages of hierarchery structure?
The two chief advantages of hierarchical structure regard the centralization and power and authority. In this form of organization power is top down with responsibility, accountability and liability thus placed on its higher echelons.
What is impact of centralization on manpower efficiency?
centralization inversely affect manpower efficiency
When did urban centralization reach its peak in the US?
Urban centralization reached its peak in the US in 1900
What are the types of centralization?
Centralization can be categorized into several types, including administrative centralization, where decision-making is concentrated at the top levels of management; functional centralization, which focuses on centralizing specific functions like finance or marketing; and geographical centralization, where control is centralized within a specific location or region. Additionally, there is strategic centralization, where key strategic decisions are made by a central authority, and operational centralization, which streamlines procedures and operations under a central command. Each type serves different organizational needs and can impact efficiency and responsiveness.
What is the Concept of centralization?
Centralization is a common concept in business and finance. It has to do with keeping all records in a central place.
What is the definition of centralization and its advantages and disadvantages?
A centralized organization is one in which one person makes all of the decisions. An advantage to that is that the organization is always in sync. A disadvantage is the fact that it will take longer to react to the industry.
Main meaning of centralization?
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.
Advantages of centralized system over centralised system?
The advantages to education system centralization are unified and standardized curricula. The disadvantages are creating one-size fits all approaches and undermining the academic freedom of teachers, instructors and administrators which can limit their ability to serve the needs of their local communities.
What are disadvantage of centralization?
The main disadvantage of centralization is managers are overburdened. There is also a chance of misusing the powers and lack of environmental adaptation.
